Asia banks’ bad debt pile highest since global financial crisis
Bad debts at Asian banks have jumped to their highest since the global financial crisis and the trend will likely…
Browsing Tag
non-performing loans
Egypt’s Banque Misr net profit up 66.3% in FY14/15
Egypt’s second biggest state bank, Banque Misr reported a 66.3 percent rise in net profit after tax in the…
NBK reports 10% y-o-y Growth Net Profit in 2014
The National Bank of Kuwait (NBK), the largest Kuwaiti bank, reported net profits of USD 894.2 million (KD 261.8…
India Needs Reforms in Banking Sector, More Autonomy for State Banks: Fin Min
India needs to "conceive" several reforms in the banking sector, Finance Minister Arun Jaitley told reporters on…
NBE Negotiates with Hurghada’s Tourist Client to Settle Debts worth EGP250mn
National Bank of Egypt (NBE) is currently negotiating with tourist client in Hurghada to settle debts worth EGP250…
NBE Collects EGP1.6bn Extra Budget Debts in 3 Years
The National bank of Egypt (NBE) collected extra budget debts within 3 years worth EGP1.6 billion from EGP13billion…
AlexBank Writes off NPLs worth EGP116 million in Q1
Bank of Alexandria has written off non-performing loans (NPLs) worth around EGP 116.7 million during the first…
NBE’s NPLs Portfolio Fell to EGP5.5bln in FY14/15
National Bank of Egypt is aiming to reduce its non-performing loan (NPL) portfolio to close at EGP5.5 billion by…
NBE Makes Settlements with 400 in Default Clients in SMEs with EGP18 mln
The National Bank of Egypt (NBE) has finalized conducting settlements with 400 in default clients in Small…
IDWBE Cuts NPL Portfolio to EGP1.635 billion at 2013-end
The Industrial Development &Workers Bank of Egypt (IDWBE) had made settlements with defaulters amounting to EGP…
