Spain’s Central Bank: Economy Shrank 0.4% In Q1
Spain's central bank said the country’s economy probably contracted 0.4 percent in the first quarter of…
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Banks
Nasr Abdeen: Islamic President Would Harm Egyptian Economy
Mohamed Nasr Abdeen, CEO of Union National Bank Egypt, said “Winning of any Islamist candidate in the presidential…
“Private Funds” To Be Transferred To A Unified Account
Momtaz El-Saeed, minister of finance, said that prime minister’s decision to freeze private funds and accounts with…
HSBC Bank To Merge Omani Operations With Oman International Bank
HSBC Bank Middle East Ltd (‘HSBC’), an indirect wholly-owned subsidiary of HSBC Holdings plc, has entered into an…
HSBC Islamic Business Grows By 200% In 2011
HSBC Holdings Plc’s (HSBA) Islamic risk management business posted double-digit growth last year on rising demand…
Yellow Remittances Owners Protest At Rafidain Bank
Some of the owners of yellow remittances are protesting today in front of Rafidain Bank, blocking Tahrir Street in…
Australian Banks Sell Syndicated Corporate Loans
Australian banks have started selling syndicated corporate loans for the first time, seeking to relieve funding…
UAE’s UNB Registers Dhs475m Profit In Q1
Union National Bank (UNB), one of the leading banks based in the United Arab Emirates, recorded a consolidated…
UAE Central Bank Changes Banks Exposure Limits Rules
A circular released by the UAE Central Bank earlier this month amending large exposure limit rules and introducing…
Oman’s NBO Releases Sustainability Report
National Bank of Oman (NBO) has become the first publicly listed organization in Oman to release its sustainability…