Latest Banking News
Argentina orders HSBC to replace country chief
Argentina's central bank is cracking down on the banking giant HSBC amid…
United Bank-Egypt appoints new acting chairman until end of 2015
Ashmawy concluded his work at the bank on Monday after nine years…
Barclays profits up 15% in H1 of 2015
Assets inched up 3% to total EGP 18.5bn, while expenses surged to…
CBE approves CIB’s acquisition of Citibank retail portfolio
The Central Bank of Egypt (CBE) approved, on Tuesday, the Commercial International…
China slashes interest rates to back economy
China's central bank has once again cut interest rates and lowered the…
Sudan urges Egyptian investments in gold extraction sector: CBOS Deputy Governor
Egypt is afraid to do business in Sudan, despite the latter having…
Ruble follows oil price down
Russia's currency has dropped considerably along with the price of crude oil.…
Self-financing is the way to develop Africa: Ghana Vice President
There are many agreements between African countries to develop economies, but they…
HDB achieves EGP 322m in profits in H1 of 2015: Vice Chairman
Loans to deposits ratio increases 51% compared to 41% average ratio of…