National Bank of Egypt deposits hike in August since pound float
National Bank of Egypt (NBE), the country's largest state bank, deposits rose in August to around 874 billion…
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UK inflation reaches 5-1/2-year high in September, keeps BoE hike on track
British inflation jumped to its highest level in more than five years in September, according to official data that…
Egypt’s Amer: Saudi Arabia, UAE extend maturities of $4 bln deposits due in 2018
Saudi Arabia and the United Arab Emirates have agreed to extend the maturity of $4 billion worth of deposits they…
Egypt’s Amer receives MENA governor of the year award in Washington
Egypt’s central bank governor Tarek Amer received Saturday the GlobalMarkets award as the Central Bank Governor of…
Egyptian Arab Land Bank’s new board convenes
State-owned Egyptian Arab Land Bank’s (EALB) new board of directors has started to develop the bank's strategy for…
R3 welcomes CIB bank Egypt to distributed ledger consortium
Egypt’s largest listed bank, Commercial International Bank (CIB) has joined the financial innovation firm R3’s…
BoE’s Carney: it may be appropriate to increase interest rates in coming months
Bank of England’s Governor Mark Carney said there likely will be an interest rate increase in the UK soon as the…
Russia FinMin: cryptocurrencies are a ‘fact of life’ that shouldn’t be…
Russia's minister of finance has detailed the wide-ranging assessment his country is undertaking on…
QNB nine-month net profit rises 6%
Qatar National Bank (QNB, the Gulf's largest lender, has posted a net profit of QR10.3 billion ($2.75 billion) for…
Europe banks hold €988 billion in NPLs: IMF
Bank in Europe still hold "a very high" €988 billion ($1.17 trillion) in non-performing loans (NPLs) on their…