NBK Posts $292 Mln Net Profit For Q1 2012
National Bank of Kuwait (NBK), the largest Kuwaiti bank and the highest-rated in the Middle East, reported net…
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Banks
Qatar’s Al Khaliji Launches Visa Infinite Credit Card
Al Khalij Commercial Bank (Al Khaliji) Q.S.C. announced the latest addition to their credit card portfolio, the 'al…
US-Backed Kim To Head World Bank
The World Bank on Monday chose Korean-born American health expert Jim Yong Kim as its new president, maintaining…
French BPCE To Buy 5% Stake In Morocco’s BCP
French cooperative bank BPCE will buy a 5 percent stake in Morocco's third-biggest lender Banque Centrale Populaire…
Kuwait’s Burgan Bank Lends UASC US$ 150 Mln
Kuwaiti Burgan Bank announced that the bank's Corporate Banking Group has successfully completed a finance deal…
Kuwait’s Warba Bank Signs Two Agreements With Standard Chartered
Kuwait's Warba Bank has signed two agreements with Britain's Standard Chartered to facilitate transactions in Asia,…
Al Khaliji Achieves QR122m Net Profit For Q1 2012
The Board of Directors of Al Khalij Commercial Bank (Al khaliji) Q.S.C. approved on April 15th, 2012 the…
NBE Reduces Non-Performing Loans To EGP 60 Bln This Year
National Bank of Egypt (NBE) targets reducing non-performing loans to EGP 6 billion in this fiscal year, down from…
BDAC To Launch Savings Certificates With 11% Accumulated Return
Bank for Development and Agricultural Credit (BDAC) studies offering savings certificates with a fixed accumulated…
GIB Sponsors Bahrain’s Reception At IMF/ World Bank Meetings
Gulf International Bank (GIB) has confirmed its sponsorship of the Banks in Bahrain Reception taking place within…