Francesca McDonagh: HSBC Won’t Exit Egyptian Market
Francesca McDonagh, HSBC’s Regional Head of Retail Banking and Wealth Management for the Middle East and North…
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EFG-Hermes: Egyptian Banks Likely To See 11% Loan Growth in 2013
EFG-Hermes (HRHO.CA) said it expects that the coming period will be witnessing further acquisition deals; Qatar…
Barclays Appoints Ex-BOE Official David Walker as Chairman
Barclays Plc (BARC), the British bank fined a record for interest-rate manipulation named former Bank of England…
Crédit Agricole Egypt’s H1/2012 Net Profits 87.8% Up
The business results of Crédit Agricole Egypt Bank (CIEB.CA) for the first half of 2012 have reported net profits…
Banque Misr to Finance Suez Power Plant with EGP 400 mln
Banque Misr approved to contribute EGP 400 million to the long-term fund which is organized by the National Bank of…
IDBE Targets EGP 22 mln Profits in H2 of 2012
Industrial Development and Workers Bank of Egypt (IDBE) aims at achieving EGP 22 million profits during the second…
Crédit Agricole H1/2012 Consolidated Net Profits Hit EGP 264.3 Mln
The unaudited financial statements of Crédit Agricole Egypt Bank (CIEB.CA)for the fiscal year ended on 30/06/2012…
Major Japanese Bank CEO Steps Down
The CEO of Japan's Nomura bank, Kenichi Watanabe, has resigned over a trading scandal in the country’s leading…
Wall Street Seeks Patience After Worst 1st Half Since ’08
Wall Street’s five biggest banks reported the worst start to a year since 2008. They’re still asking investors to…
Tarek Amer: NBE FY2011 Net Profits Hit EGP 2.6 Bln
Tarek Amer, chairman of National Bank of Egypt (NBE), said the bank has posted net profits of EGP 2.6 billion…
