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…
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Banks
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…
HSBC MENA Affirms Importance of Relations With China
Trade Corridors between China and the MENA region carry huge economic growth potential for businesses, offering…
Emirates Islamic Bank Introduces Full Islamic Home Finance For UAE Nationals
Emirates Islamic Bank (EIB), one of the leading Islamic financial institutions in the region, announced that it has…
QNB Talks To Acquire Turkey’s Denizbank Stopped On Price
Qatar National Bank SAQ (QNBK)’s talks to acquire Denizbank AS (DENIZ), the Turkish lender put up for sale by Dexia…
