Egypt in talks to sell remaining 20% stake in Alex Bank – Bloomberg
Egypt is poised to make a significant step in its economic reform agenda by selling its remaining stake in Alex…
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Intesa Sanpaolo SpA
AlexBank says H1 net profit hit EGP 2.365 billion
Egypt’s AlexBank, part of Italy’s Intesa Sanpaolo, announced on Tuesday that its net profit after tax reached 2.365…
Intesa to start talks to buy rest of Egypt’s AlexBank
Italy's biggest bank, Intesa Sanpaolo will start extensive negotiations in the coming few hours to buy the Egyptian…
Egypt’s AlexBank says 2020 pre-tax profits hit EGP 3.2 billion
Egypt’s AlexBank announced on Tuesday that it made profits before tax worth up to 3.178 billion Egyptian pounds…
Telecom Italia CEO Said to Back Curbing Telco Power on Board
Telecom Italia SpA (TIT) Chief Executive Officer Marco Patuano will today throw his support behind a proposal…
Credit Agricole Second-Quarter Net Drops 67% On Greece
Credit Agricole SA, France’s third- largest bank by market value, posted a 67 percent decline in second-quarter…
ECB Seen Preferring Bond Buying To Bank Loans
The European Central Bank will restart its controversial government bond purchases rather than offer banks another…
