NBE Receives EGP 6 Bln To Finance SMEs
National bank of Egypt (NBE) received EGP six billion loans from eight international and local bodies to finance…
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Banks
AlexBank Reports EGP 30.3 Bln Deposits In March
Deposits of AlexBank, subsidiary of Intesa Sanpaolo Group, grew 8% as they registered EGP 30.3 billion in last…
Faisal Bank To Receive Ethix-Financial Technology
Faisal Islamic Bank of Egypt signed a phased agreement with ITS (International Turnkey Systems) Group, a leading…
Qatar In Talks To Acquire United Bank
Verbal negotiations were taking place between Central Bank of Egypt (CBE) and a Qatari sovereign fund over…
Barclays Egypt Hosts Ceremony For Commercial Banking And Corporate Credit Risk
Barclays Bank Egypt held a festive ceremony to recognize Commercial Banking and Corporate Credit Risk colleagues…
AlexBank Mortgage Reports EGP 100 Mln In March
AlexBank, subsidiary of Intesa Sanpaolo Group, reported EGP 100 million in mortgage portfolio at the end of last…
Oman Islamic Bank Nizwa Eyes US$156m IPO
Omani lender Bank Nizwa, the sultanate's first Islamic bank, plans to raise US$156m by selling 40 percent of…
NBK Posts $292 Mln Net Profit For Q1 2012
National Bank of Kuwait (NBK), the largest Kuwaiti bank and the highest-rated in the Middle East, reported net…
Qatar’s Al Khaliji Launches Visa Infinite Credit Card
Al Khalij Commercial Bank (Al Khaliji) Q.S.C. announced the latest addition to their credit card portfolio, the 'al…
US-Backed Kim To Head World Bank
The World Bank on Monday chose Korean-born American health expert Jim Yong Kim as its new president, maintaining…
