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Banks
NBE To Receive US$ 80 Mln Loans From Chinese Banks Next January
The National Bank of Egypt (NBE) currently conducts negotiations with a number of Chinese banks to receive loans…
Banque Du Caire’s 9-Month Net Profit 1295% Up
Banque Du Caire’s net profit rose by 1295% during the first nine months of 2012 as it reached EGP 614 million at…
Loan Arrangers, KIMA Review Final Loan Agreement
The National Bank of Egypt (NBE), Commercial International Bank (CIB), Banque Misr, Banque Du Caire and Arab…
Fitch Affirms QNB At A+ Upon Acquisition Announcement
Fitch Ratings has affirmed Qatar National Bank’s (QNB) long-term issuer default rating (IDR) at A’ with a stable…
HSBC Says 37% Dim Sum Sales Jump Possible In 2013: China Credit
Dim Sum debt sales may jump as much as 37 percent in 2013 as China’s new leadership encourages use of its currency…
Emirates NBD Frontrunner To Buy BNP Paribas’ Egypt Arm-Sources
Emirates NBD, Dubai's largest bank, has emerged as the frontrunner to buy BNP Paribas' Egyptian retail…
Talks With IMF Won’t Be Affected By El-Okdah’s Resignation: Experts
A number of bankers affirmed that if Farouk El-Okdah leaves his position as Governor of the Central Bank of Egypt…
Alex Bank Sale Lawsuit Delayed To April 15th
The State Commissioners Authority at the Administrative Court postponed the lawsuit raised to nullify the sale of…
Farouk El-Okdah’s Resignation Not To Affect Egypt’s Monetary Policy: FJP
Dr. Mohamed Gouda, official spokesman and member of the Freedom and Justice Party (FJP)'s Economic Affairs…
Moody’s: Egypt Request to Delay IMF Loan Board Meeting Is Credit Negative
In a report issued today, rating agency Moody’s said Egypt’s request to the International Monetary Fund (IMF) to…