Jordan’s Housing Bank Distributes 25% as Cash Dividends
The Housing Bank for Trade and Finance (HBTF), Jordanian lender, will distribute 25 per cent in cash dividends this…
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Banks
HSBC Acquires Lloyds Banking Group Onshore Business In The UAE
Lloyds Banking Group approved to sell its onshore UAE presence to HSBC. This comprises its retail, commercial…
BRICS Eyes A Joint Development Bank
The BRICS group of emerging world powerhouses - Brazil, Russia, India, China and South Africa - is set to outline…
Ramez And Tenawy Replace Shaheen and Al Wakil at FEB
Federation of Egyptian Banks (FEB) announced that Hisham Ramez, deputy chairman of Commercial International bank…
Amer: Banks’ Federation Protected Egypt
Tarek Amer, chairman of Federation of Egyptian Banks, said that the continuous cooperation with banks in Egypt has…
Dubai Islamic Bank Repays $750mln Bonds
Dubai Islamic Bank has announced the repayment of a $750 million, five-year Islamic bond which matured on March 22…
Debate On Foreign Reserves Retreat to US$ 10.4 bln Next June
Egypt’s foreign reserves will decline from US$ 15.7 billion as reported in Last February to US$ 10.4 billion by…
Barclays Tops FSA’s Most-Complained List
Bank complaints in the U.K. rose 21 percent during the second half of last year, driven by an increase in insurance…
Abu Dhabi Royals hold Talks With Britain Over Acquiring A Third of RBS Shares
Talks to sell a stake in state-owned Royal Bank of Scotland are being held at the level of the Abu Dhabi ruling…
CBE Takes Control Over AIB
Central Bank of Egypt (CBE) announced that Arab International Bank's (AIB) Extraordinary General Assembly approved…
