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Banks
Governor Of Qatar Central Bank To Steer Chairmanship Of The IFSB For 2013
The Council of the Islamic Financial Services Board (IFSB) today resolved to appoint its Chairman and Deputy…
QNB Group enters into a definitive agreement to acquire Société Générale’s stake in NSGB –…
QNB Group, the largest financial institution in the State of Qatar and the MENA region, announced that it has…
BNP Paribas Announces Winning Bidder In Two Weeks
BNP Paribas will announce the winning bidder that will acquire its unit in Egypt before the end of December,…
NBE To Sign Loan Agreement With El Marakby Next January
The National Bank of Egypt (NBE) and Misr Iran Development Bank are receiving final approvals from banks to…
HSBC Blasted For ‘Stunning Failures Over Oversight’
The US said "dangerous practices" at HSBC allowed the bank to pass money to "drug kingpins and rogue nations", as…
Arab Bank, EALB, Al Baraka Contribute EGP 500 Mln To MAF Loan
The Arab Bank, Egyptian Arab Land Bank (EALB) and Al Baraka Bank of Egypt have approved to contribute EGP 500…
Islamic Banking Expansion Aided By ADB Grant
The Asian Development Bank (ADB) has provided a $750,000 grant to promote Islamic banking in Indonesia, Pakistan,…
Fitch Affirms Suez Canal Bank At ‘BBB(egy)’; Withdraws Ratings
Fitch Ratings has affirmed and simultaneously withdrawn Suez Canal Bank's (CANA) National Long-term Rating at…
Fitch Rates Saudi Arabian Based Alinma Bank ‘A-‘; Outlook Stable
Fitch Ratings has assigned Alinma Bank (Alinma) a Long-term Issuer Default Rating (IDR) of 'A-' with a Stable…
Union National Bank To Launch New Branch In 10th Of Ramadan City
Union National Bank-Egypt targets to launch its first branch in 10th of Ramadan City on December 23rd. A Source…