Qatar’s Al Khaliji Offers New Structured Deposits
Al Khalij Commercial Bank (Al Khaliji), Qatari lender, has announced the launch of three new structured deposits…
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Banks
Citigroup Expects $700m Charge As It Trims Stake In Akbank
Citigroup Inc. (C), the third-largest U.S. bank by assets, expects an impairment charge of $700 million in the…
AUB’s Alpha Mutual Fund is Approved By EFSA
Egyptian Financial Supervisory Authority (EFSA) has initially approved "Alpha" Fund to be launched by Ahli United…
BofA Tests A New Program to Convert Faltering Homeowners Into Tenants
Bank of America is testing pilot program that would help homeowners at risk of foreclosure by turning their…
Salameh: Some Parties Irked By Lebanese Banking Success
The Lebanese banking sector continues to command high confidence despite a campaign by some parties to discredit…
UAE Central Bank: Rate of Lending Growth “Reasonable”
The rate of bank lending growth in the United Arab Emirates is "reasonable," Central Bank Governor Sultan Nasser…
AAIB launches Tax Exempt Gozour Fund
Arab Africa International Bank (AAIB) has launched its newest mutual fund “Gozour” which is investing in fixed…
CBE Fixes Interest Rate For The Second Time In 2012
Monetary Policy Committee of Central Bank of Egypt (CBE) decided in its meeting on Thursday to fix deposit and…
Fattouh: Economic Safety On The Top Of Union Of Arab Banks Conference Agenda
Union of Arab Banks is organizing "Arab Banking Conference 2012" under the name of “Challenges of the Arab Economic…
Finance Ministry Offers 182- and 357-day T-Bills Worth EGP 6.5 bn
Ministry of Finance has announced on Thursday selling 182-and 357-day treasury bills worth EGP 6.5 billion in an…
