NBD& Bank Audi Lead A Consortium To Finance Al-Nouran Sugar Company
A consortium led by National Bank for Development, Bank Audi, Banque Misr and Arab Banking Corporation are set to…
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Banks
Deutsche Bank’s Henry Azzam Steps Down
Henry Azzam, Chairman of Middle East and North Africa (MENA) region at Deutsche Bank, has stepped down, the German…
NBE Settles EGP 100 Mln Debts In Exchange For Assets In Ain Sukhna
National Bank of Egypt (NBE) approved settling EGP 100 million debt of a customer in exchange for a hotel and some…
Qatar National Bank’s Assets Rise 28.2% in Q1
Qatar National Bank Group has announced its financial results for the three months ended 31 March 2012. The group…
Banque Misr Looks To Launch Islamic Durable Goods Fund
Banque Misr studies launching Murabaha (Islamic finance) fund for durable goods as well as Musharaka (Islamic joint…
China’s Regulator Tightens Supervision Over Banking Operations
China's top banking regulator has started a nationwide crackdown on irregular banking operations, including…
Bank Of India: Credit & Deposit To Grow 20-25 Pct In FY13
State Bank of India, the country's top lender, expects credit and deposits to grow 20-25 percent in the fiscal year…
Central Bank of Oman launches 28-day Certificates of Deposit
Central Bank of Oman (CBO) held certificates of deposit (Issue No 762) tender. The total amount allocated was RO…
Bankers: Political Powers Support For US$ 3.2 Bln IMF Loan Is A Must
Bankers affirmed the statements of Jerry Rice, press secretary of International Monetary Fund, that IMF conditioned…
Misr Iran’s Non-Performing Loans Register 7% At The End Of Q1
Misr Iran Bank’s non-performing loans portfolio registered EGP 300 million during the first quarter of the current…
