08/15/2012
BNP Paribas may invite within 15 days potential bidders to file preliminary offers for the Egyptian unit, the daily newspaper also reported, without saying where it got the information.
08/14/2012
The lender operates nearly 70 branches in the North African country where political unrest last year toppled the regime of former president Hosni Mubarak.
07/29/2012
The merger between HSBC and Oman International Bank - previously the country's fifth-largest lender - was completed last month.
07/29/2012
"The new entity now has one of the largest branch networks in the Sultanate, and will serve the needs of retail, corporate and institutional customers. With the successful completion of this transaction, customers can now benefit from both HSBC Group
07/26/2012
Bank of Bahrain and Kuwait BSC plans to expand into India after obtaining licenses to open two branches with a target to add two more in the future, Alwasat reported, citing chief executive officer Murad Ali Murad.
07/26/2012
Emirates NBD, Dubai's biggest bank by market value, posted a 13 per cent drop in second-quarter earnings, its fourth consecutive quarterly drop. The earnings fell as costs increased and the lender made further provisions on state-linked debt.
07/25/2012
Bank Sohar has performed well in all key financial parameters. Net interest income jumped 19.51 per cent to RO20.009 million in the first half of this year, from RO16.742 million for the period ended June 30.
07/24/2012
Growth in core businesses continue to strengthen the base for Bank's future
06/12/2012
Both the sources said talks for the asset disposal by the French lender are at very early stages.
01/31/2012
This strong performance from the London-based banking giant stood out in its region; European banks performed miserably, making up 16 of the 20 “fallers” on the table.
08/15/2011
New bank opens to maintain Saudi investments in Egypt