South Africa’s Standard Bank Reduces Stake In Turkey’s Unlu
South Africa's Standard Bank (SBKJ.J) is selling most of its stake in Standard Unlu to its partner in the Turkish…
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Banks
NBE Disbursed EGP 183 Mln Yellow Remittances
The National Bank of Egypt (NBE), the bank in the country with the major market share in the nation's banking…
Fatma Lotfy: Islamic Banking Is the Future
Fatma Lotfy, vice chairman and managing director of Bank Audi - Egypt, believes that Islamic banking will have a…
CBE: Banks’ Deposits Rise By EGP 2.9 Bln In January
The volume of banks’ deposit portfolio raised by EGP 2.9 billion in one month as it registered EGP 992.3 billion…
CBE: Banks’ Credit Facilities Rise EGP 2.56 Bln In January
Credit facilities offered by banks in Egypt registered EGP 492.2 billion in last January, compared with EGP 489.7…
Experts: Arab Banks Successfully Face Economic Crises
Arab Banking Conference 2012, held on 11th and 12th of April in Abu Dhabi, discussing ways of implementing Arab…
Arab Economic Security Tops Union of Arab Banks Agenda
Wissam Fattouh, Secretary General of the Union of Arab Banks (UAB), announced that UAB targets studying and…
Banque Du Caire Starts Applying Basel II Regulations
Banque Du Caire has implemented the first phase of Basel II which includes calculating adequate capital rate held…
EALB Settles EGP 700 Mln Debts, Reduces Assets To EGP 2.4 Bln
Egyptian Arab Land Bank (EALB) has settled EGP 700 million debts of some of the bank’s faltering customers at the…
Bahrain’s Capivest Posts A Net Profit Of $12Mn In 2011
Capivest, Bahrain-based Islamic Investment Bank, announces its financial results for the year ended 31 December…