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Banks
CI Affirms Lebanon’s Byblos Bank FSR At ‘BBB-‘
Capital Intelligence (CI), the international credit rating agency, announced that it has affirmed Byblos Bank-SAL's…
Qatar-Based Directors Quit Syrian Bank On Sanctions
The Qatar-based directors of Syria International Islamic Bank (SIIB) resigned their roles at the behest of the…
Volcker Seeks Overhaul On Global Capital Flows
Former Federal Reserve Chairman Paul Volcker, the namesake of U.S. rules designed to rein in banks’…
CI Affirms KSA’s Al Rajhi Bank Rating At ’AA-‘
Capital Intelligence (CI), the international credit rating agency, announced that it has affirmed the ratings of Al…
EU Banks Need Credible Refunding Mechanism: ECB’s Draghi
A credible mechanism is needed for recapitalizing euro zone banks and improving oversight in order to address the…
UAE Imposes No Limit On Credit Card Interest Rates
The Central Bank of UAE has decided to not impose any limit on credit card rates, following a meeting with the…
UAE’s Noor Islamic Bank Launches Two Investment Products With 100% Capital Protection
Noor Islamic Bank, an Islamic bank in the United Arab Emirates, has launched two unique structured wealth…
Banque Du Caire Eyes 5% Market Share in Two Years
Banque Du Caire plans to increase its market share in the next two years to 5%, compared with its current market…
NBE To Enable Customers Receiving Salary Before Disbursed
National Bank of Egypt (NBE) to launch a new product by next week enabling salary-transfer customers to receive a…
AUB: Second Stage Of IPO Starts Today
Ahli United Bank has launched today an initial public offering (IPO) of the 259946 shares which were unsubscribed…