Latest Banking News
Standard & Poor’s: Gulf banks replace European banks in MENA
European banks are shedding assets outside of the MENA region to rebuild…
Egypt’s Central Bank agrees to sell both BNP Paribas and NSGB
The Central Bank of Egypt (CBE) agreed to plans discussed last week…
CBE keeps interest rates unchanged
Monetary Policy Committee keeps interest rates the same for the ninth time…
A reform package for the Islamic banking and finance sector proposed for the new year
The goal of the package is to create an environment conducive for…
QNB in final stages of NSGB acquisition
Qatar National Bank (QNB) Group announced that it is in “definitive agreement”…
The banking sector and global financial stability: challenges and prospects
“Eurozone crisis aggravated by common monetary policy in Europe"
HSBC to launch mobile banking
During a media roundtable discussion the bank’s MENA regional head of retail…
Arab African International Bank launches new line of lending products
The Arab African International Bank presents new lending solutions that suit customers…
EFG Hermes reports a 66 percent drop in net profits during Q2
By Islam Serour EFG Hermes released the Consolidated Financial Report for the…