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    BANKING

    April 16, 2018

    Bank of America Reports First-Quarter 2018 Financial Results

    (AETOS Wire) -- Bank of America reported its first-quarter 2018 financial results today. The news release, supplemental filing and investor presentation can be accessed in the following ways:

    This"...

    April 16, 2018

    IDEMIA Delivers the New Metal HSBC Black Credit Card

    (AETOS Wire) -- IDEMIA’s metal cards are the newest addition to HSBC’s credit card offering in the UAE. The new HSBC Black Credit Card is designed for the affluent customer segment and it features exclusive benefits including 200,000"...

    April 15, 2018

    Bank Audi Selects Newgen to Drive Efficiency and Enhance Customer Experience

    Bank Audi sae, one of the fastest growing banks in the Arab Republic of Egypt, has successfully transformed multiple banking processes powered by Newgen’s Business Process Management and Enterprise Content Management platforms. With an aim to become one of the leading private banks"...

    April 10, 2018

    Nigeria: Access Bank Introduces USSD Code *901*11# For Payday Loan Product

    With the intent to provide quicker and instant access to loans for customers, Access Bank has launched a special USSD code *901*11#, as a strategic tool to drive its Payday Loan product.

    Unveiled in partnership"...

    April 8, 2018

    Father of Kenyan banking relives Equity Group’s three-decade journey

    Celebrated Kenyan banker, group managing director and chief executive of Equity Group Holdings Dr. James Mwangi has transformed the financial institution from a loss making building society in the early 1990s to a regional behemoth that posted an estimated $188 million in net profit for"...

    April 8, 2018

    Banks see fast pace for Mideast, Africa deals in bumper year

    Asset sales from Saudi power plants and football clubs to African energy firms are set to help deliver a bumper year for deals in the region.
    Investment banks expect the pace of transactions in the Middle East and Africa to gain momentum after a busy first quarter. Mergers and initial"...

    April 8, 2018

    Dirham Appreciates With Respect To Euro, Depreciates Against Dollar

    According to the latest figures published by, Moroccan Dirham is experiencing slightly healthy period, especially considering MAD’s exchange and fluctuation rates with regards to Euro and US dollar.

    BAM’s"...

    April 3, 2018

    TSYS and Mashreq Bank Announce the Successful Implementation of PRIME℠ for Acquiring Services

    (AETOS Wire) -- TSYS (NYSE: TSS) and Mashreq Bank announced today that Mashreq has successfully implemented TSYS’ PRIME software licensing solution, to enhance the bank’s customer-centric experiences for its merchants. TSYS is providing Mashreq"...

    March 28, 2018

    Attijariwafa Bank and IFC Sign Agreement to Expand Investment in Africa

    The Moroccan Attijariwafa Bank signed an agreement with International Finance Corporation (IFC) to expand business investment and international trade in the African continent on Monday.

    During its participation"...

    March 28, 2018

    JCR Eurasia Rating Has Assigned Bahrain Middle East Bank B.S.C. Long Term National Credit Rating of ''AA-(Bhr)'' And Short Term National Credit Rating of ''A-1+ (Bhr)'' With ''Stable'' Outlooks on Both Ratings.

    Bahrain Middle East Bank B.S.C. (henceforth the bank or BMB), was established in 1982 in the Kingdom of Bahrain. The Bank is licensed by the Central Bank of Bahrain (CBB) as a wholesale bank with rights to offer Islamic products. The Bank mainly"...

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