IDBE’s Investments Reach EGP 600 Mln In March 2012
Industrial Development and Workers Bank of Egypt’s investments reached EGP 600 million in last March as the lender…
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Banks
Adly: Bank Audi Expands In Arranging Syndicated Loans
Bank Audi is participating in 20 syndicated loan deals and plans to participate, arrange and guarantee more…
Bahrain Banking Outlook Negative – Moody’s
The outlook on Bahrain's retail banking system remains negative, reflecting the fragile operating environment,…
Saudi’s NCB’s Net Profit Raise With 30%
Saudi Arabia's National Commercial Bank said on Friday that its first-quarter profit rose 30 percent from a year…
AAIB Targets Raising Retail banking Portfolio To EGP 3 Bln In 2012
Arab African International Bank (AAIB)’s retail banking portfolio rose to EGP 1.5 billion, registering a good…
Bank for Agricultural Credit Allocates EGP 1.140 Bln To Buy Wheat Crops
Branches of Bank for Development and Agricultural Credit started on Sunday morning receiving wheat crops from…
HSBC’s Douglas Flint Warns Of A Possible Harm To UK Lending
Douglas Flint, chairman of HSBC, said that the new committee - chaired by Bank Governor Mervyn King - is likely to…
Saudi Arabian Regulator investigates Banks For Violations
The Saudi Arabian Monetary Agency (SAMA) is investigating local banks for tampering with the terms of Saudis’…
US Banks To Comply With Volcker Rule By July 2014
U.S. banks will have two years to implement the so-called Volcker rule so long as they make a “good faith” effort…
Emirates NBD Launches ‘Pay Yourself First’ Initiative
Emirates NBD announced the launch of "Pay Yourself First," an innovative financial education campaign designed to…