Banks

Bank of Beirut reported an 8.54 percent year-on-year increase in net profits at the end of the first quarter of…

Capital Intelligence (CI), the international credit rating agency, announced that it has affirmed Qatar Islamic…

Middle Eastern wealth funds Qatar Holding LLC and Abu Dhabi’s Mubadala Development Co. have held talks with Lloyds…

China will widen channels for capital outflows and work toward making the yuan convertible on the capital account,…

Spain's banking sector, not the government, will assume the cost of any unprovisioned losses on real estate assets…

Russian Foreign Minister Sergei Lavrov says the sanctions imposed against Iran’s banking system violate the charter…

There were no human or material losses in Al Watany Bank of Egypt’s branch in Dokki after the fire that that…

Egypt Arab Land Bank sold 31 chalets in Ain Sokhna for EGP 12 million out of the 26 chalets offered for sale in a…

A senior official at Banque Misr said the Bank disbursed EGP 243, 102, 005 the value of 68,920 yellow remittances…

U.S. Federal and state banking regulators shut down five banks, bringing the total number of bank failures this…