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MENA

As margins shrink, corporate banking under pressure

As margins shrink, corporate banking will also need to change and bankers will have to look at increasing their revenue flow from more off balance sheet activities and raising the ratio of their fee and commission incomes from what it...

#bank#interest rates#international

BLC to be the first bank providing micro-credit loans...

Banque Libanaise pour le Commerce (BLC) will be the first bank in Lebanon to provide micro credit loans to small…


Muscat Finance profits up

Muscat Finance Company (MFC), a firm involved in debt factoring, leasing and hire purchase services in Oman, has reported a…

#interest#leasing


JUSBP assists Petra Factory to attract European buyers

With the assistance of the Jordan-United States Business Partnership (JUSBP), the Zarqa-based Petra Factory was able to attract customers from…

#interest#smes#Two


United Finance net profit up 10%

United Finance Company SAOG (UFC), one of the fastest growing non-banking financial institutions in Oman and the Middle East, has…

#bank#financial institutions#leasing


Kuwait firm to pick up 14% stake in Oman...

Global Investment House, one of the leading investment majors in Kuwait, which is listed on the Kuwait Stock Exchange, will…


Many companies stuck in small business loan fund bottleneck

The chairman of the Knesset Finance Committee Subcommittee for Examining the Effects of the Financial Crisis on Small Businesses, MK…

#bank#banks#crisis


Interest rate cut by 0.4%

Bank of Israel governor David Klein announced a 0.4 percent cut in the interest rates on 30 December, as was…

#bank#interest#interest rate


International Finance Corporation to finance SMEs

The International Finance Corporation (IFC) is finalising a deal to provide a credit line to Syria's banking sector, to be…

#bank#financial institution#international


Muscat Finance grows steadily

Muscat Finance Company, the pioneer in debt factoring, leasing and hire-purchase services in the country has reported a steady growth…

#interest#leasing


Supervisor of Banks to restrict overdrafts in favour of...

Supervisor of Banks, Yoav Lehman, is drafting new guidelines for banks that will reduce drastically the availability of overdrafts on…

#bank#banks#interest


“Competitiveness” Key to SME Development

The city of Adaba in Jordan will play host to a major regional conference: “Competitiveness” Key to SME Development. The…

NIS30 million state fund to give loans to small...

The new fund for loans to small businesses will begin operations in the next few days after the Knesset Finance…

#bank#recession#security

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