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Keywords: Banking sector
Emirates NBD has signed a definitive agreement to acquire the retail banking business of HSBC Egypt, strengthening its position in one of the Middle East and North Africa region's largest banking markets. The transaction will be carried out through Emirates NBD Egypt, the Dubai-based banking group's......
Bank lending to Morocco’s non-financial sector accelerated in June 2026, reflecting stronger financing activity among businesses and continued support for economic investment, according to the latest monetary statistics released by Bank Al-Maghrib. The central bank reported that outstanding credit......
Crédit du Maroc (CDM) has successfully completed its capital increase, with investor demand exceeding the number of shares offered, highlighting continued confidence in the Moroccan banking group's growth strategy. The capital raising, conducted through a cash contribution reserved for existing......
Attijariwafa Bank has been recognized as Morocco’s best investment bank for 2026 by Euromoney, marking another major achievement for one of the country’s leading financial institutions. The award acknowledges the bank’s performance in investment banking and its contribution to financing......
ICICI Bank reported a robust increase in first-quarter profit, surpassing market expectations as strong loan demand and lower provisions for potential bad loans boosted earnings. The results reinforce the strength of India's banking sector, where healthy credit growth and improving asset quality......
Fifth Third Bancorp reported a sharp increase in second-quarter profit, supported by stronger net interest income and growing revenues from its capital markets and wealth management divisions. The performance highlights the continued resilience of regional banks in the United States as lenders adapt......
German Chancellor Friedrich Merz has clarified that the German government is not seeking to block UniCredit's proposed takeover of Commerzbank, while reiterating its reservations about the manner in which the Italian banking group has pursued the transaction. Speaking to reporters in Berlin on Wednesday,......
Angola has officially added the Chinese yuan to the list of foreign currencies that commercial banks can use to meet mandatory reserve requirements, marking a significant step in the country's efforts to diversify its financial system and strengthen monetary stability. The decision, announced by......
India has secured nearly $10 billion in foreign currency inflows through a special deposit programme launched by the Reserve Bank of India (RBI), as authorities seek to reinforce foreign exchange reserves and support the stability of the Indian rupee, according to sources familiar with the matter. The......