Al Baraka Bank-Egypt, part of Bahraini Islamic lender Al Baraka Group, witnessed an improvement in the quality …
NPLs
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Italian Finance Minister Pier Carlo Padoan is confident that measures carried out by his government to strengthen …
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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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Egypt’s biggest lender, the state-owned National Bank of Egypt says its non-performing loans (NPLs) had risen to …
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Blom Bank Egypt, the Egyptian arm of Lebanon’s bank Blom, says profits have risen 44.9 percent to …
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Banks
Egypt’s state agriculture bank inks debt settlements with 5200 clients
by Yomna Yasserby Yomna YasserEgypt’s main agricultural lender PBDAC has signed debt settlement agreements swith 5200 clients during the first four …
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Financial Institutions
Fitch: China’s toxic debt pile may be 10 times official estimates
by Yomna Yasserby Yomna YasserToxic loans in the Chinese financial system could be 10 times as high as official estimates suggest, …
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Banks
National Bank of Egypt plans major cut in bad loans by FY2016/17
by Yomna Yasserby Yomna YasserThe National Bank of Egypt (NBE), the country’s largest public lender, plans to reduce its non-performing loans …
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Banks
Asia banks’ bad debt pile highest since global financial crisis
by Yomna Yasserby Yomna YasserBad debts at Asian banks have jumped to their highest since the global financial crisis and the …
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Egypt’s second biggest state bank, Banque Misr reported a 66.3 percent rise in net profit after tax …