banking Archives

No (cash) dividend for you

Egyptian banks are barred from paying out cash dividends to shareholders on 2020 returns under instructions (pdf) issued yesterday by…

Banks are now required to complete EGP transfers within a shorter timeframe under directions (pdf) from the Central Bank of…

Merry Christmas to everyone who will be celebrating today and tomorrow — we wish you a beautiful, relaxing day with…

AT Lease gets preliminary approval for 1Q2021 securitized bond sale: AT Lease is looking to issue securitized bonds before the…

Invesco Asset Management — one of the world’s largest asset managers — holds a 6.5% stake in CIB, equivalent to…

Expect corporate borrowing to boom this year — but bank margins to remain thin, our friends at Pharos say in…

Abu Dhabi Commercial Bank (ADCB) has acquired a 51.5% stake in Alexandria Medical in a AED 64 mn (EGP 275…

Your top 5 pieces of business and economic news in December: Sentiment: We received contradictory data points on business sentiment…

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