According to a bank statement, 8,000 employees out of 48,000 employees who work in the bank’s UK branches will be affected.
10.06.2015
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News by
Daily News Egypt
The U.S. bank said last October that it was pulling out of consumer banking in 11 markets, including Egypt and Japan, to cut costs.
10.06.2015
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News by
Reuters
There are abundant opportunities across Egyptian market, says Chairman.
07.06.2015
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News by
Daily News Egypt
The bank did not expect to make any acquisitions this year, but said that it would at some later date as a number of foreign banks in the Middle East pulled out.
25.05.2015
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News by
Gulf Business
NBE has most customer satisfaction, 255 companies take part in the evaluation, Emirates NBD is third best bank.
17.05.2015
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News by
Daily News Egypt
HSBC launched in April its second International Growth Fund, worth EGP 300m, to support SMEs.
17.05.2015
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News by
Daily News Egypt
Total financing and investments portfolio grew by 4pc to reach $2.6bn by the end of March this year.
14.05.2015
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News by
Gulf Daily News
CIB had in 2014 posted a 36 percent rise in net profit for the full year.
14.05.2015
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News by
Reuters
Meanwhile the bank’s net profits reached EGP 196.97m in the first quarter of 2015, compared to EGP 172.3m during the same period in 2014.
10.05.2015
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News by
Daily News Egypt
Profits rose to LE236 million in the first quarter of this year, compared to LE147.6 million in the same period last year.
07.05.2015
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News by
Ahram Online
New initiatives to be launched this coming year to enhance services.
04.05.2015
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News by
Daily News Egypt
Citigroup is exiting its consumer banking business in 11 countries to focus on markets with great scale and growth potential.
12.03.2015
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News by
Bloomberg Business
Barclays bought its parent company operations in 8 African countries.
04.03.2015
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News by
Bloomberg Business
Cash still dominates the Egyptian consumer economy. It accounts for an estimated 94 per cent of financial transactions in the country.
26.02.2015
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News by
The National
