EAL Bank Sells 31 Chalets In Ain Sokhna For EGP 12 Mln
Egypt Arab Land Bank sold 31 chalets in Ain Sokhna for EGP 12 million out of the 26 chalets offered for sale in a…
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Banks
Banque Misr Disburses 68,000 Yellow Remittances
A senior official at Banque Misr said the Bank disbursed EGP 243, 102, 005 the value of 68,920 yellow remittances…
U.S. Banking Regulators Shut Down 5 Banks
U.S. Federal and state banking regulators shut down five banks, bringing the total number of bank failures this…
National Bank of Oman Q1 Profit Rises 24%
National Bank of Oman (NBO) achieved a net profit of RO 9.6 million for the three months ended March 31, 2012, a 24…
Barclays & Credit Suisse Chiefs Face Pay Package Criticism
More than a quarter of Barclays shareholders look set to vote against the British bank's controversial pay play for…
Deutsche Bank Profit Drops To US$1.85 Bln
Deutsche Bank’s net profit retreated to €1.4 billion ($1.85 billion) in the first quarter amid Europe's debt…
Bank of China Q1 Growth Slows
Bank of China (601988.SS), the country's No.3 lender by market value, posted on Thursday a near 10 percent rise in…
HSBC Cuts 2,200 UK Jobs
HSBC has confirmed that it is to cut more than 2,200 jobs in the UK as part of its global cost-cutting plans.More…
Lebanon’s BLOM Bank Q1 Profit Rises 2.5%
Lebanese lender BLOM Bank’s net profits in the first quarter of 2012 surged by 2.5 percent to $84.12 million…
Bahrain Islamic Bank Q1 Profit Registers BD 543, 000
Bahrain Islamic Bank’s board of directors has approved the Financial Statements for the period ended on 31 March…