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…
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Banks
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…
KSA’s National Commercial Bank Rating Affirmed At ‘AA-‘
Capital Intelligence (CI), the international credit rating agency, announced that it has affirmed the ratings of…
Bank Misr Iran To Raise Deposits To EGP 6.5 Bln
Bank Misr Iran targets increasing its deposits volume to EGP 6.5 billion by the end of the current year, up from…
AAIB Studies $ 100 Mln Loan to KIMA
Arab African International Bank (AAIB) studies contributing with about US$ 100 million in the syndicated loan…
Moody’s Warns Spanish Banks Are Vulnerable
An effort by Spain to restore confidence in its financial system with measures including additional loss…
JPMorgan Executives Expected to Quit
Three top executives involved with a failed hedging strategy that cost JPMorgan Chase & Co at least $2 billion…
CI Capital Upgrades Credit Agricole Egypt To “Hold”
Credit Agricole Egypt's quarterly profit got a boost from a rise in the bank's net interest income, and beat the…
Qatar To Set Up An Islamic Bank
The Qatari government plans to set up Islamic bank with a paid-up capital of US$ 1 billion. The government…