BANKING

16 Apr 2018

Bank Audi Selects Newgen to drive efficiency & enhance customer experience

Bank Audi sae, one of the fastest growing banks in the Arab Republic of Egypt, has successfully transformed multiple banking processes powered by Newgen’s Business Process Management and Enterprise Content Management platforms. With an aim to become one of the leading private banks"...

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16 Apr 2018

Bank of America Reports First-Quarter 2018 Financial Results

(AETOS Wire) -- Bank of America reported its first-quarter 2018 financial results today. The news release, supplemental filing and investor presentation can be accessed in the following ways:

This"...

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16 Apr 2018

IDEMIA Delivers the New Metal HSBC Black Credit Card

(AETOS Wire) -- IDEMIA’s metal cards are the newest addition to HSBC’s credit card offering in the UAE. The new HSBC Black Credit Card is designed for the affluent customer segment and it features exclusive benefits including 200,000"...

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15 Apr 2018

Bank Audi Selects Newgen to Drive Efficiency and Enhance Customer Experience

Bank Audi sae, one of the fastest growing banks in the Arab Republic of Egypt, has successfully transformed multiple banking processes powered by Newgen’s Business Process Management and Enterprise Content Management platforms. With an aim to become one of the leading private banks"...

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10 Apr 2018

Yields of Aman Certificate rise to LE 147M in 2 banks

Yields of the Aman Certificate for temporary and seasonal workers were raised in two banks; Banque Du Caire and the Agriculture Bank of Egypt, to record LE 147 million ($8.3 million) in five weeks by issuing 105,000 certificates , according to recent statements.

Chairman of"...

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10 Apr 2018

Egypt sets price guidance for debut euro-denominated bond

Egypt has set the price guidance of its debut euro-denominated bond sale in the 5 percent area for a planned eight-year tranche and in the 5.875 percent area for a 12-year tranche, a document from one of the banks arranging the offering showed on Monday.

Initial"...

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08 Apr 2018

Deutsche Bank board to discuss CEO and make decision on Sunday

Deutsche Bank’s (DBKGn.DE) supervisory board intends to “take a decision” on Sunday after discussing John Cryan’s job at the helm of the bank, the German lender said late on Saturday.

In a brief statement, the bank confirmed earlier reports that Chairman"...

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07 Apr 2018

Orange Egypt signs syndicated loan with 8 banks

Orange Egypt For Telecommunications Company (OREG) declared in a statement sent to EGX, it signed LE7-billion syndicated loan on April 05, 2018, with Commercial International Bank (COMI),"...

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07 Apr 2018

ALEXBANK, Jordan Post sign partnership to enhance remittances service

ALEXBANK has signed yesterday in Amman a partnership agreement with the Jordan Post to facilitate the transferring of remittances to Egypt.

The agreement was signed in the presence of HE. Majd Shweikeh - the Jordanian"...

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07 Apr 2018

Arab Development to distribute LE1.5 m for shareholders

Arab Development & Real Estate Investment (ADRI) declared in a statement sent to EGX, the ordinary general assembly was convened on April 04. The OGM approved the financial results for the fiscal period ending December 2017, as well as the profit distribution attributable to shareholders of LE1,550,591 for the same fiscal period. Moreover, the OGM ratified distributing 20% from the delayed profits of previous years for shareholders, in addition, deferring the employees' stake from distribution to the next year. arabfinance ...

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