Latest Banking News
UK begins selling shares in RBS
The British government has begun selling its shares in the bailed-out Royal…
Abo El-Sebaa Weaving Group searching for strategic investor to repay debts: Chairman
We hope to re-operate the group's factories with EGP 50m, but a…
Banque du Caire delegation to participate in Suez Canal Axis inauguration
the opening ceremony is one of the largest economic events currently witnessed…
Egypt’s foreign debt declines $2.5bn in Q3 of FY 2014/2015: CBE
Decline occurred due to global currency price decline, total foreign debt also…
Banque du Caire targets total profits of EGP 2.7bn by end of 2015
We require financing of EGP 7bn for completion of real estate units…
QNB Al Ahli, EBRD set $100m for SMEs in Egypt
EBRD provides QNB Al-Ahli with $40m for trade facilitation
Commerzbank triples profits in second quarter
Germany's Commerzbank has reported strong second-quarter earnings as the lender has been…
HSBC operating profit up, net income falls
Europe's biggest bank, HSBC, has reported a drop in bottom-line earnings for…
Barclays says its activities in Africa strengthened
Bank gained half a million new customers in retail banking
Fed leaves door open for September rate hike
Following a two-day policy meeting, the Federal Reserve kept its benchmark interest…