British inflation jumped to its highest level in more than five years in September, according to official …
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Banks news
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Banks
Egypt’s Amer: Saudi Arabia, UAE extend maturities of $4 bln deposits due in 2018
by Yomna Yasserby Yomna YasserSaudi Arabia and the United Arab Emirates have agreed to extend the maturity of $4 billion worth …
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Banks
Egypt’s Amer receives MENA governor of the year award in Washington
by Yomna Yasserby Yomna YasserEgypt’s central bank governor Tarek Amer received Saturday the GlobalMarkets award as the Central Bank Governor of …
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State-owned Egyptian Arab Land Bank’s (EALB) new board of directors has started to develop the bank’s strategy …
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Egypt’s largest listed bank, Commercial International Bank (CIB) has joined the financial innovation firm R3’s global network …
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Banks
BoE’s Carney: it may be appropriate to increase interest rates in coming months
by Yomna Yasserby Yomna YasserBank of England’s Governor Mark Carney said there likely will be an interest rate increase in the …
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Banks
Russia FinMin: cryptocurrencies are a ‘fact of life’ that shouldn’t be ignored
by Yomna Yasserby Yomna YasserRussia’s minister of finance has detailed the wide-ranging assessment his country is undertaking on cryptocurrencies, saying they’re …
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Qatar National Bank (QNB, the Gulf’s largest lender, has posted a net profit of QR10.3 billion ($2.75 …
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Bank in Europe still hold “a very high” €988 billion ($1.17 trillion) in non-performing loans (NPLs) on …
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Banks
No respite for Indian banks as bad loans reach record $146 bln
by Yomna Yasserby Yomna YasserIndian banks’ sour loans reached a record 9.5 trillion rupees ($145.56 billion) at the end of June, …