International News Two bankers charged in $2.2b Singapore money laundering case Nada Ali Aug 15, 2024 0 Two former bankers in Singapore were charged on Thursday for aiding a group of foreigners in laundering $2.2…
Money CBE mourns prominent bankers Hatem Sadiq, Gamal Muharram M.S. Salama Jan 19, 2024 0 With deep regret and sorrow, Mr. Hassan Abdullah, Governor of the Central Bank of Egypt, and his deputies mourn the…
Banks Citigroup raises CEO’s 2022 pay to $24.5mln Yassmine Elbehnaihy Feb 23, 2023 0 Leading bank Citigroup increases first female CEO of a major Wall Street bank, Jane Fraser’s compensation by nine…
Featured Egypt offers initial price by 11.625% of USD dominated sukuk Sama Mousa Feb 21, 2023 0 Egypt offered a preliminary indicative price of around 11.625 percent for benchmark-sized USD sukuk with a…
Financial Institutions Citi to shut consumer banking operations in Russia Nada Ali Aug 28, 2022 0 Citibank will close its consumer and commercial banking businesses in Russia starting this quarter and expects to…
Money Citibank tops 70% of Egypt custodian service market share Amwal Al Ghad English Nov 17, 2019 0 Citibank has grabbed between 60 percent and 70 percent of Egypt’s custodian service market share, said country…
Banks Egypt’s NBE bank signs $750 mln financing deal with global banks Amwal Al Ghad English Jun 3, 2018 0 National Bank of Egypt (NBE), the country's largest state bank, reached a $750 million financing agreement with a…
Banks CIB seizes lion’s share of credit card portfolio in Egypt Noha Gad Nov 30, 2015 0 The Commercial International Bank (CIB) seized lion's share of Credit Card in Egypt's banking market after…
Banks Citibank celebrates four decades of continuous presence in Egypt Yomna Yasser Nov 2, 2015 0 Citi Group hosted Sunday an event at the Four Seasons Hotel Cairo at Nile Plaza to celebrate the bank’s 40th…
Banks Citi finalises Egypt retail business deal with CIB late October Yomna Yasser Oct 3, 2015 0 Citigroup announced Saturday it will transfer all its consumer banking business transactions in Egypt to the…