Egypt’s second largest bank, state-run Banque Misr is preparing to open its representative office in Russia this …
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Banks news
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Banks
NBE bank pumps 1.016 bln pounds in Egypt’s micro-sized project initiative
by Yomna Yasserby Yomna YasserEgypt’s largest state-run lender, the National Bank of Egypt, has pumped 1.016 billion Egyptian pounds ($57.6 million) …
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Banks
Morocco’s Attijariwafa to rebrand acquired Egyptian Barclays business in mid-Nov.
by Yomna Yasserby Yomna YasserMorocco’s Attijariwafa Bank plans to rebrand its recently acquired Barclays’ assets in Egypt under the Attijari Bank …
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Egypt’s oldest bank, Banque Misr plans to open another representative office in China in the coming period, …
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Banks
Cryptocurrencies like bitcoin are not ‘mature’ enough to regulate: ECB chief
by Yomna Yasserby Yomna YasserCryptocurrencies are not “mature” enough to be considered by the European Central Bank (ECB) for regulation, the …
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Egypt’s Arab African International Bank has signed a financing deal with European Bank for Reconstruction and Development …
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Banks
China’s central bank warns of a sudden collapse in asset prices
by Yomna Yasserby Yomna YasserChina will fend off risks from excessive optimism that could lead to a “Minsky Moment,” central bank …
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China’s central bank governor Zhou Xiaochuan announced Thursday that he is likely to retire soon, confirming an …
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Qatar National Bank (QNB), the largest lender in the Middle East and Africa by assets, is expecting …
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Banks
National Bank of Egypt deposits hike in August since pound float
by Yomna Yasserby Yomna YasserNational Bank of Egypt (NBE), the country’s largest state bank, deposits rose in August to around 874 …