EDBE’s Loans Portfolio Registers EGP 6.2 Bln In Q1
Loans credit facilities portfolio of Export Development Bank retreated 3%, or EGP 194.3 million, totaling to EGP…
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Banks
Morgan Stanley Reduces Stake In KPN To 4.93%
Morgan Stanley has lowered its stake in Dutch telecommunications company Royal KPN NV to 4.93% from 10.01%,…
Bank Of England Raises Inflation Outlook
The Bank of England on Wednesday raised its short-term outlook on consumer-price inflation, and also lowered its…
NBE’s SMEs Loans Registers EGP 2.1 Bln In April
National Bank of Egypt’s (NBE) loans to SMEs registered an increase of EGP 500 million, totaling EGP 2.1 billion…
New Bankruptcy Law To Ensure Legal Sustainability
The head of Dubai Economic Council has said the country's new financial restructuring and bankruptcy law will…
Greeks Withdraw Funds From Banks
Greece's political leaders meet on Wednesday to form a caretaker government to take it to a second election in just…
EU Countries Seek Deal On Basel III Regulations
European Union finance ministers are making a renewed attempt to hammer out an accord on boosting the amount of…
Ramadan Anwar: Stability is a Must to Recover
Ramadan Anwar, CEO of Union National Bank, said security and political stability are a must for Egypt’s economic…
Alex Bank Injects EGP 200 Mln To SMEs Loans Portfolio
Alex Bank targets to expand in financing Small and medium enterprises through injecting EGP 200 million to its SMEs…
Credit Agricole Suisse Plans Increasing Gulf Portfolio
Credit Agricole Suisse, a private bank belonging to the Credit Agricole Group is targeting a significant share of…
