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Banking & Finance

Gulf banks raise footprints
The region is attractive loan market as many banks are awash in spare funds.
Societe Generale launches Middle East structured finance platform
The platform brings expertise from the bank’s global franchises to the region, adding specialists in project finance, export finance, asset finance and debt capital markets on the ground in order to further meet the growing demand from the region.
Emirates NBD closes $235 million facility for FRB
Launched at $125 million, the facility was oversubscribed to close at $235million with participation from nine institutions from the GCC.
DIFC and NBK to explore investment opportunities
Under the MoU, DIFC and NBK will support the development of synergies between the financial hub and organisations in Kazakhstan that are keen to establish an international presence.
Corporate payment defaults surge in Asia-Pacific: report
The annual survey on the Asia-Pacific region questioned 2,695 companies in eight economies.
Al Habtoor, NBE team discuss investment
Khalaf Ahmad Al Habtoor, chairman of Al Habtoor Group, welcomed senior officials from the National Bank of Egypt, or NBE, to discuss investments in Egypt.
Bank of Sharjah Q1 profit up 8% to Dh85 million
The bank said its loan book continued to grow while maintaining the solid structure of the balance sheet, with high levels of both liquidity and capital.
Egypt central bank sells $500 million in interbank market
The bank sold $281 million in the interbank market last month and $420 million in March
Central bank board reviews monetary policy
The board monitored latest developments regarding the liquidity system project and moneychangers system project.
Yes Bank aspiring to be finest Indian bank in five years
Energy from youth demographic is what drives lender to do more and serve better.
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