Browsing Tag
Banks
Four Greek Banks Lose $37 Bln On Debt Restructuring
Greece’s four biggest banks reported a combined loss of 27.9 billion euros ($36.9 billion) for last year after…
IDBE Sells 30% of Real Estate Assets
Industrial Development and Workers Bank of Egypt (IDBE) targets to cut 30% of real estate assets portfolio, as…
Fitch Affirms 3 Turkish Foreign-Owned Banks At ‘BBB-‘
Fitch Ratings has affirmed Turkey's Finansbank A.S., Denizbank T.A.S. and Turk Ekonomi Bankasi A.S.'s (TEB)…
Saudi NCB’s Net Income Posts SR1.9 Mln In Q1
The Saudi Arabian lender National Commercial Bank announced that net income for the first quarter 2012 reached SR1,…
AlexBank Disbursed 114, 000 Yellow Remittances
Alex Bank, subsidiary of Intesa Sanpaolo Group, disbursed EGP 476 million in the last three weeks which is the…
Oman’s Bank Muscat Offers New Auto Loan
Bank Muscat has launched an attractive Sayyarati auto loan campaign offering a host of features, including lower…
Qatar’s Doha Bank Registers QR390 Mln Net Profit In Q1
Maintaining growth in all its portfolios Doha Bank posted a first quarter net profit of QR390mn, up 7.4% on QR363mn…
IMF Expects EU Banks Deleveraging By $2.6 Trillion
A drastic contraction of European bank balance sheets during the next 18 months could jeopardize financial…
AAIB Disbursed 50% of Yellow Remittances
Arab African International Bank disbursed in the last three weeks 60 thousand yellow remittances out of 127…