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Central Bank of Egypt

Egypt Central Bank lowers reserve requirement on deposits

The new ratio is effective starting on June 26, the bank said on its website. On March 20, it announced it was reducing the ratio to 12 percent from 14 percent.

May 27, 2012 5:19
 
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New rules to boost Kuwait capital markets

Kuwait’s new loan-to-deposit ratio rules for banks are aimed at encouraging capital market development, improving asset-liability matching and boosting credit…

May 22, 2012 9:18
 
UAE loans

UAE to settle citizens’ defaulted loans, up to $1.4 million

The United Arab Emirates will settle up to 5 million dirhams ($1.36 million) of defaulted loans for each indebted Emirati,…

May 21, 2012 8:52
 
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Banque Saudi Fransi launches $750 million Sukuk

Launch spread at 185 bps over midswaps; Pricing tightened 15 bps from initial guidance; Sukuk to price Tuesday; first under new $2 billion programme

May 17, 2012 11:11
 
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