Latest in Tag: barclays Highlight
Latest in Tag: barclays
82% of women from wealthy families to inherit substantial fortunes over next decade
Despite the economic effects of the novel coronavirus (COVID-19) pandemic, the world still stands on the edge of the biggest wealth transfer in history.
Attijariwafa Bank to announce work plan in Egyptian market after acquisition of Barclays-Egypt
The EGX has announced the sealing of the deal, worth $494.997m, on Tuesday
Barclays probed over whistleblower program
British financial giant Barclays has said it is under investigation along with its CEO over his attempts to uncover the identity of a whistleblower. Anonymity is key to the lender’s whistleblowing scheme.Barclays on Monday confirmed a probe into the lender and its Chief Executive Jes Staley linked to several attempts to find out the identity …
8 start-ups graduate from 1864 Accelerator programme
The start-ups were Bees365, Card Switch, Save it, Olly, Yala Nsadar, Carsurance, Entej, and Moneyfellows
Moroccan Attijariwafa bank new owner of Barclays Egypt
Barclays Bank PLC agreed to sell its retail and corporate banking business in Egypt to the Moroccan Attijariwafa Bank
Barclays continues to implement its expansion plan in Egypt despite bankâs sale: finance director
The plan includes five pillars, the most important of which is the expansion in lending for huge projects and multi-national companies and focusing on financing SMEs, said Sherif
Barclays rules out financing SMEs during current period
We want to have a good position in financing SMEs first, we do not know the strategy of the bankâs new buyer, said El Behery
Barclays Egypt awaits sale of local unit to implement strategic plans
EGP 1bn achieved in SMEs financing portfolio as of March
Barclays intends to exit Egyptian market after 150 years of presence
Global Barclays Group decided to exit from the Egyptian market after about 150 years of presence as part of a plan developed by the group aims to sell some of its units in Africa and Europe
Hala Sakr becomes first female Managing Director of Barclays Egypt
According to Barclays Africa Regional Management Chief Executive Mizinga Melu, Sakrâs appointment came as a result of her extensive experience in the banking sector.
Barclays profits up 15% in H1 of 2015
Assets inched up 3% to total EGP 18.5bn, while expenses surged to EGP 14%
Barclays says its activities in Africa strengthened
Bank gained half a million new customers in retail banking
Barclays invests EGP 10m in 2015 CSR activities
In 2014, 785 employees volunteered over 3,000 hours of their time and skills in communities, says Community Relations manager
Barclays aims to raise deposits portfolio by 10% by end of 2015: Retail banking head
Barclays deposits portfolio is at EGP 14bn, and bank aims to raise it to 10% by the end of this year
Barclays raises finance portfolio for small and medium enterprises to EGP 1.2bn
Bank plans six new branches over next two years
Credit card client accounts valued at EGP 567m in April 2014: Barclays
Daily News Egypt speaks with Omar Baig, Retail Banking Director of Barclays Bank Egypt, the winner of Best Credit Card Product in Africa award for 2014.
Barclays targeting EGP1bn loan portfolio growth by end of 2014: Executive
Barclays had originally targeted EGP 5bn by the end of 2014, with the bank also targeting a EGP 2bn increase in its retail banking portfolio by the end of the year.
DNE participates in Barclaysâ #YouAreFootball experiment
âSuperfansâ and legends strapped up to heart rate monitors to measure their passion for the game
Barclays Bank Egypt achieves EGP 132m net profit for Q1 2014
The bank achieved a rate of return on equity of 19% in comparison with the same period in 2013, in addition to an increase in the rate of return on assets which rose from 2.5% to 3.1%.
Barclays to sell UAE retail ops to Abu Dhabi Islamic Bank for $177m
Reuters – Barclays has agreed to sell its retail banking operations in the United Arab Emirates to Abu Dhabi Islamic Bank (ADIB) for an expected price of AED 650m ($177m), ADIB said on Sunday. The emirateâs largest Islamic bank said it aimed to acquire 110,000 customers through the deal, helping it expand into serving expatriates, …
BPL Live showcases the passion for the beautiful game in South Africa
Thousands of fans turn out to support their BPL teams at âthe ultimate fan experienceâ event
Barclays Egypt launches âBarclays Directâ service for wages
âBarclays Directâ is one of the leading initiatives allowing the blending of financial services for both clients and commercials, which enables the bank to attain its strategy of being an integrated bank through expanding the clientsâ accounts, enhancing Barclays Egyptâs market competitiveness.
Barclays says to refund loan customers over errors
The errors, which date back to October 2008, could spark refunds totalling up to ÂŁ100m ($159m, 119m euros), according to The Times newspaper.
Business News: Large banks ranked most efficient while small banks achieve fastest growth
CIB rated as most efficient, followed by NSGB, while HSBC places third due to its refusal to disclose information on its non-performing loans
Egypt: International banks eyeing long-term growth
Egyptâs market is also attracting attention from Gulf banks
Prosperity of the East’s nouveau riche moves toward entanglement with the West
By Rasheed Hammouda No event more perfectly captures the changing relationship between the Gulf powers and their western counterparts than the ongoing investigation into the 2008 Barclays bailout by Qatar. It was reported earlier this year that the nearly year-long investigation by the UK’s Financial Services Authority and Serious Fraud Office has turned to investigating …
NSGB workers threaten strike over âQatar problemâ
Employees have expressed disapproval over Qatar National Bankâs acquisition of 100% of NSGB, and are to stage a protest on Monday to denounce the agreement
Qatar National Bank buys 100% of NSGB
EFSA has approved QNBâs offer of EGP 38.65 per share for 100% of NSGBâs shares
Barclays moves to repair ‘devastating blow’ to reputation
Barclays said that Agius, who has chaired the bank for six years, would remain in his post until a successor was found
Moodyâs downgrade gives edge to safe-haven banks
(Reuters) – Major ratings downgrades by Moodyâs will further divide the worldâs biggest banks based on their strength and access to cheap customer deposits. The ratings, released Thursday by Moodyâs Investors Service, gave a competitive advantage to âsafe-havenâ banks that fund themselves with stable, low-cost customer deposits, while worsening the outlook for weaker banks that …