Canada Banks May Tap Wealth Funds
Facing higher capital requirements to meet requirements under the Basel III capital rules for global lenders,…
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Banks
NBAD’s Sarkar To Retrun To Emirates NBD As Retail Head
Suvo Sarkar, a veteran regional banker, will return to Emirates NBD as head of its retail group after leaving…
UAE’s FNC Calls For Standardizing Sharia Banking Systems
As the different Sharia systems followed by Islamic banks in the United Arab Emirates have left many customers…
CIB Studies Loan Offered To Egyptian Refining Company
Commercial International Bank (CIB) studies participating in letters of credit (LC) and letters of guarantee (LG)…
Hugo Baenziger Likely To Be Board Member at Swiss National Bank
Deutsche Bank's outgoing chief risk officer Hugo Baenziger is the favorite to become the third board member of the…
Jordan Islamic Bank’s Achieves USD 55.99 mln Profits In 2011
Jordan Islamic bank (JIB), one of the subsidiary banking units of Al Baraka Banking Group, achieved net profits…
NBE And Al Gelda Negotiation Over Settling US$100 mln debts Stopped
Negotiations between National Bank of Egypt (NBE) and Emad Al-Gelda, former Member of Parliament, were stopped,…
NBE’s Employees Protesting Again
Fifty Data updating employees at National Bank of Egypt (NBE) whose contracts were terminated announced that they…
CBE Disapproves Giving More Islamic Banking Licenses
Central Bank of Egypt (CBE) rejected demands from four commercial banks asking to have Islamic banking licenses…
Japan Supports U.S. Nominee For World Bank Presidency
Japanese Finance Minister Jun Azumi said that the country will support Jim Yong Kim, the U.S. nominee for the next…
