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Banking & Finance

Al Baraka Group completes exit of its stake in BTI Bank Morocco

Arabiya Capital Staff -
Al Baraka Group said it received the required approvals from the Central Bank of Bahrain and Bank Al-Maghrib
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Al Baraka Bank opens new branch in Ismailia Governorate

Arabiya Capital Staff -
The inauguration of the new branch marks a significant milestone in the bank’s commitment to extend its reach across Egypt
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These 10 Egyptian fintech firms have joined Fintech Galaxy’s open finance

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The use of open APIs will enhance digital identity verification and fraud detection processes
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Emirates NBD-Egypt inks cooperation protocol with Ahl Masr Foundation

Arabiya Capital Staff -
The bank is committed to making a tangible contribution throughout the year to achieve the UN Sustainable Development Goals
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ADIB Egypt signs $50m Shariah-compliant Tier 2 financing deal

Arabiya Capital Staff -
The financing deal has a duration of five years and is expected to be included in the bank’s second tier of the capital base
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Access Bank to acquire StanChart’s five sub-Saharan Africa businesses

Arabiya Capital Staff -
Standard Chartered will sell its shareholding in its subsidiaries in Angola, Cameroon, Gambia and Sierra Leone to Access Bank
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Egypt’s CIB secures $250 million from International Finance Corporation

Arabiya Capital Staff -
The bank secured a 10-year $150 million Tier II facility to support its capital position as well as the expansion of its operations
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aiBANK joins instant payments through InstaPay

Arabiya Capital Staff -
Access to InstaPay App will offer customers a new level of convenience and flexibility in managing their finances and making timely transactions
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Continental Investments LMD, Finance House shore up partnership

Arabiya Capital Staff -
The fund will furnish superior financing services, enabling Continental Investments LMD to broaden its footprint in the UAE and Dubai markets
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Bahrain’s Al Salam Bank increases stake in Algerian unit

Arabiya Capital Staff -
Al Salam Bank plans to further support its Algerian unit to accelerate its growth and capture new pockets of opportunities
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Arabiya Capital provides dedicated news, features, data and updates on the unprecedented and accelerating changes taking place in Egypt’s banking and finance markets. Our news, articles, events and data are accessible across our many platforms -digital, online, print, roundtable debates, webinars, events (actual & virtual), awards, memberships and polling.

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