banking
July 26, 2021
Central Bank of Egypt directs local market to abide by sustainable financing principles
The Central Bank of Egypt (CBE) has directed all banks operating in the local market to take the necessary measures to implement sustainable financing......
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July 15, 2021
Bank of America Reports Second-Quarter 2021 Financial Results
Bank of America reported its second-quarter 2021 financial results today. The news release, supplemental filing and investor presentation can be......
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July 15, 2021
HSBC named best investment bank in Egypt in Euromoney
ArabFinance: HSBC was named the Best Investment Bank in Egypt at the 2021 Euromoney Middle East Awards for Excellence, according to an emailed statement.......
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July 14, 2021
Banque Misr partners with Microsoft to support fintech startups in Egypt
Banque Misr signed a Memorandum of Understanding (MoU), with Microsoft Egypt to launch the first open innovation program in the Egyptian market,......
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July 14, 2021
ABC submits mandatory tender offer to acquire 100% of Blom Bank
ArabFinance: Bahrain’s Bank ABC has submitted a mandatory tender offer (MTO) to acquire up to 100% of Blom Bank Egypt, the Financial Regulatory......
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July 14, 2021
Central Bank of Egypt initiates EGP 100bn mortgage finance initiative for low, middle incomers
The Central Bank of Egypt (CBE) launched, on Tuesday, a new mortgage finance initiative, which will allocate EGP 100bn for low- and middle-income......
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July 12, 2021
ICD partners with Federation of Egyptian Industries to strengthen the Egyptian private sector
The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group (IsDBG), and......
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July 11, 2021
National Bank of Egypt manages over EGP 134bn worth financing deals in H1 2021
The National Bank of Egypt (NBE) has managed 27 financing deals with a total value exceeding EGP 134bn during the first half (H1) of 2021. A study......
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July 10, 2021
HDFC Bank Spends Rs. 634.91 Cr Towards CSR in FY 2020-2021
HDFC Bank spent Rs 634.91 crore towards #Parivartan, the umbrella programme for all Corporate Social Responsibility initiatives, in FY 2020-21. Out......
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July 8, 2021
SoftBank Group Names Mark Kornblau Global Head of Communications
SoftBank Group Corp. (“SBG”) today announced that Mark Kornblau will join SBG as Global Head of Communications, effective August 16.......
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