Malaysia’s CIMB Buys RBS Units In Asia
CIMB Group Holdings Bhd, Malaysia's No.2 lender, said on Monday it is paying $140 million for some Asian units of…
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European Banks Prepare To Repay LTRO Loans
Europe’s biggest banks are preparing to return a third of the cheap three-year funding they recently borrowed from…
UNB Registers 16.6% Irregular Loans and 23% Increase In Foreign Deposits
Union National Bank Egypt’s irregular loans registered 16.6% or EGP 399.6 million of the total volume of loans…
MIFC Ambassador Urges Innovation within Shariah to Meet Liquidity Challenge
Raja Nazrin Shah, Financial Ambassador to the Malaysian International Islamic Financial Centre (MIFC) has strongly…
Malaysia’s Central Bank Governor Receives IDB’s Prize For Islamic Banking
The Jeddah-based Islamic Development Bank (IDB), the multilateral development bank of the Muslim world, has awarded…
CIB Injects US$ 48 Mln In Egyptian Refining Company’s Loan
Six international financial institutions arranging the US$ 2.6 billion loan for Egyptian Refining Company, owned by…
Banque Du Caire Targets 200% Profit Growth For 2012
Banque Du Caire aims at achieving 200% growth in its profits in the current year, according to the banks’ estimated…
Misr Iran Eyes EGP One Billion Increase in Deposits Portfolio By 2012
Misr Iran Bank aims at increasing its deposits portfolio by EGP one billion to reach EGP 6.5 billion this fiscal…
Finance Ministry Launches 10-Year Bonds
Ministry of Finance aims to sell 10-year bonds for the first time since the start of its revolution more than a…
United Gulf Bank Backs Bahrain Banks At 2012 IMF / World Bank Meetings
Bahrain-based United Gulf Bank B.S.C. (UGB), the asset management and investment banking subsidiary of the KIPCO…