Economic disruptions caused by a back-to-back pummeling from hurricanes in the United States may just seal the …
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Banks news
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Banks
London wins top financial centre title once again as gap with New York grows
by Yomna Yasserby Yomna YasserLondon has held onto top spot in the latest ranking of global financial centres as the gap …
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Banks
Remittances from Egyptian expatriates hit $14.5 billion since currency float
by Yomna Yasserby Yomna YasserRemittances from Egyptian expatriates have risen to $14.5 billion in the period since Egypt floated its currency …
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Banks
Suez Canal Bank targets 400 mln pounds in SME financing at year-end
by Yomna Yasserby Yomna YasserEgypt’s Suez Canal Bank is seeking to increase funding for the country’s small and medium-sized businesses to …
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Banks
China Development Bank earmarks ‘large’ funds for Egyptian projects: minister
by Yomna Yasserby Yomna YasserThe China Development Bank is granting Egypt “large credit facilities” to finance development projects in the country …
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Banks
Ahli United Bank investments in Egypt debt fall to 6.250 bln pounds in six months
by Yomna Yasserby Yomna YasserAhli United Bank – Egypt, part of Bahraini Ahli United Bank, says its investments in domestic debt …
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Nordea said the move to Finland, where it would be supervised by the European Central Bank, would …
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State-owned Egyptian Arab Land Bank (EALB) is seeking higher deposits by 10 percent for the current financial …
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Banks
Egypt’s foreign reserves rise to $36.143 billion in August – c.bank
by Yomna Yasserby Yomna YasserEgypt’s foreign reserves surged to $36.143 billion at the end of August from $36.036 billion a month …
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The head of Germany’s largest bank said on Wednesday the European Central Bank (ECB) should begin the …