Barclays Targets 25% Revenue Rise in MEA Region
Barclays Plc, Britain’s second- biggest bank, is seeking to boost revenue from the Middle East and North Africa by…
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Union National Bank – Egypt Q1 Profit Posts EGP 9 Mln
Union National Bank - Egypt reported financial results posting a net profit of EGP 9.14 million for the period from…
China Central Bank Cuts Banks’ Reserves
China's central bank cut the amount of cash that banks must hold as reserves on Saturday, pumping out more funds…
Fitch Lowers JPMorgan Rating To AA- On $2 Bln Loss
JPMorgan Chase & Co. (JPM), the largest and most profitable U.S. bank, had its credit grade lowered one level…
EGB Q1 Profit Posts EGP 33.4 Mln
Egyptian Gulf Bank - (EGBE) reported financial results posting a net profit of EGP 33,422,919 for the period from…
Bank of Russia Leaves Key Rate Unchanged At 8%
The Bank of Russia has decided to leave its key refinancing rate at 8% at its Thursday policy meeting.The central…
French Regulator Expects Zero Growth For The First Half
The Bank of France has predicted zero growth in the French economy for the first six months of 2012.Official…
QNB Talks To Buy Denizbank Stall
Dexia's planned sale of Turkish unit Denizbank to Qatar National Bank and HSBC is not to proceed until after an…
Lebanon’s Bank BEMO Profit Drops 53%
Lebanese Bank BEMO published its unaudited financial statements early this week, reporting a 53.57 percent…
CIB Q1 Net Income Rises 64%
Commercial International Bank (CIB), Egypt's biggest private bank by assets, said on Wednesday that first quarter…
