Euro Zone Banks In Need For A Robust Shield
As the euro zone ponders a possible Greek exit, policymakers have not yet built a shield robust enough to prevent a…
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Banks
El Baradei Settles His Brother’s Debts of EGP10 Million To EDBE, United Bank
Minister of Housing, Mohamed Fathy El Baradei has signed debt settlement agreements with Export Development Bank of…
S. Korean Banks’ Lending Retreated In April
South Korean banks' lending rate declined last month as market rates fell amid growing appetite for risk aversion,…
Financing SMEs Is A Must: Al Khaliji’s Hamad Bin Faisal
Lending institutions in the Middle East have been rather reluctant in extending loans to small and medium…
Euro Crisis Cuts Growth In Africa: AfDB
Europe’s crisis is undermining growth in Africa at a time when governments in the world’s poorest continent are…
NBD, Audi Arrange EGP 688 Mln Loan for Egyptian Company For Potash
The National Bank for Development (NBD) and Bank Audi have announced that they won their bid to act as a joint lead…
Innovation: €200 million loan for Amadeus
The European Investment Bank (EIB), the European Union’s long-term financing institution, has granted a loan of…
NBAD Appoints New GM Of Consumer & Elite Banking
The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, has appointed George Beatty as the General…
HSBC Qatar Launches Mena Bonds, Sukuk Platform
HSBC has launched “Mena bonds and sukuks platform” offering relatively easy access for the bank’s retail customers…
JPMorgan Injects $394 Mln In Chinese Arm
JPMorgan Chase & Co. (JPM), the biggest U.S. bank, increased the capital of its China unit by 2.5 billion yuan…