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…
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Banks
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…
Inflation Rate, External Debt Are Expected To Raise; Former CBE’s Governor
Dr. Mahmoud Abul Eyoun, Professor of Economics at University of Zagazig and Chief Economic & Financial Advisor…
Rania Al-Mashat: Comprehensive Economic Policy Is A Must To Restrain Inflation
Rania Al-Mashat, sub governor and chief of monetary policy division at Central Bank of Egypt, said economic growth…
Japanese Banks Loans Rise 1% in April
The outstanding balance of loans at 118 Japanese lenders climbed 1 percent as of the end of April to 421.24…
EBRD Considers Investing €7.5 Bln In North Africa & Jordan
The European Bank for Reconstruction and Development (EBRD) hopes to eventually attract investment of 7.5 billion…
Turkey’s Is Bankasi Conducts Due Diligence On Piraeus Bank Egypt
Turkiye Is Bankasi AS visits Cairo to conduct due diligence to evaluate Piraeus Bank-Egypt before acquisition…
ABG Net Operating Income Jumped By 16% In 2012 Q1
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced that its total…
AAIB To Inject EGP 300 Mln In Retail Banking Portfolio
Arab African International Bank (AAIB) plans to increase retail banking portfolio by EGP 300 million, to register…