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Abu Dhabi Islamic Bank – Egypt’s Deposits Grew 14.8% In Q1
Abu Dhabi Islamic Bank – Egypt’s deposit portfolio rose 14.8% (EGP 1.25 billion) in the first quarter of 2013 to…
NBE’s Platinum Saving Certificate Attracts EGP 13.6 Bln Since Raising Return
The National Bank of Egypt’s (NBE) Platinum Saving Certificate attracted EGP13.6 billion in two months since…
Abu Dhabi Islamic Bank Egypt Raises Capital Adequacy Rate To 10.4%
Abu Dhabi Islamic Bank-Egypt’s (ADIB) capital adequacy rate rose to 10.4% to comply with Basel II standards. The…
Doha Sukuk Meet Begins Today; Global Shariah Experts To Attend
Many legal and financial experts and Shariah scholars, among others, will attend a two-day international conference…
Barclays Expands Wealth And Investment Management Team With The Appointment Of Marc Hakim
Barclays today announced the appointment of Marc Hakim as Director within the Wealth and Investment Management…
Hisham Ramez Heads To London
The Governor of the Central Bank of Egypt, Hisham Ramez, has left for London today morning. He had earlier stated…
Alex Bank To Raise Retail Finances By EGP 250 Mln In 2013
Alex Bank Intesa Sanpaolo targets to increase retail finances by EGP 250 million by the end of 2013, Bassel Rahmy,…
Egypt’s Central Bank Accepts EGP 18 Bln Deposits On Tuesday
The Central Bank of Egypt (CBE) has accepted EGP 18 billion worth of seven-day deposits at a fixed interest rate of…
3 Banks Consider Contributing To Petroleum Marine Loan
The Egyptian Gulf Bank (EGB), Banque Misr and Export Development Bank of Egypt study the possibility of…
Four Lenders Finance White Taxi Phase III With EGP 450 Mln
The National Bank of Egypt (NBE), Banque Misr, Alex Bank Intesa Sanpaolo and Nasser Social Bank plan to finance the…