bank

SODIC issues clarification regarding the price of the bid submitted to acquire Madinet Nasr Housing

Cairo – Mubasher: Sixth of October Development and Investment Company (SODIC) said that it is not in the process of reviewing the indicative purchase price offered by it to acquire the entire capital of Madinet Nasr for Housing and Development. In a statement to the Egyptian Stock Exchange today, Tuesday, the company denied what was … Read more

US banks reduce their profits during the first half of 2022 | Economy

Investors are increasingly concerned that the central bank will be forced to push the economy into a recession to curb rising prices. America’s Major Banks -JP Morgan Chase, Bank of America, Wells Fargo, Citigroup, Goldman Sachs y Morgan Stanley- announced that they reduced their benefits in the first half of 2022 compared to the first … Read more

Madinet Nasr Housing responds to the offer of the Emirati Aldar and SODIC’s acquisition of its shares

Cairo – Mubasher: The Board of Directors of Madinet Nasr for Housing and Development discussed the letter received from the Sixth of October Development and Investment Company “SODIC” regarding the non-binding offer to acquire the entire capital of the company. The company explained, in a statement addressed to the Emirati Al Dar Company, which owns … Read more

In order to help her daughter go to college through the back door… The bank president “frauded 1.5 billion in loans” and was deceived into buying luxury goods | INTERNATIONAL | CTWANT

The head of the bank of Binzhou city, Shandong province, in mainland China, was sentenced to seven years in prison for defrauding loans. (Photo/Retrieved from NetEase News) In order to help his daughter enter a good university through the back door, a bank president in mainland China was defrauded by a man and embezzled bank … Read more

Sunong Bank’s net profit increased by 20% in the first half of the year, revenue increased by 6.53%

Original title: Sunong Bank’s net profit in the first half of the year increased by 20% and revenue increased by 6.53% Author: Ripple On July 5, Sunong Bank (603323.SH) released a performance report showing that in the first half of 2022, the operating income was 2.088 billion yuan, a year-on-year increase of 6.53%; the net … Read more

The first half-year performance report of a rural commercial bank is released, and the net profit attributable to the parent of Sunong Bank is expected to increase by more than 20%_Loan_Fengcun_Suzhou

Original title: The first half-year performance report of the rural commercial bank is released, and the net profit attributable to the parent of Sunong Bank is expected to increase by more than 20% Economic Observer Network reporter Wan Min On the evening of July 5, Jiangsu Suzhou Rural Commercial Bank Co., Ltd. (603323.SH, hereinafter referred … Read more

Cryptocurrencies: what to expect from the Bank Al-Maghrib bill? An expert answers

The wali of Bank Al-Maghrib, Abdellatif Jouahri, recently announced that a bill aimed at regulating the use of cryptocurrencies in Morocco will see the light of day. What are the market’s expectations of this bill? The point in this interview with Badr Bellaj, specialist in blockchain and cryptocurrencies. Speaking at the press briefing following the … Read more

A “technologist” tells the story of an “old man” who was exploited by an Egyptian expatriate and transferred 28 million riyals from his bank account outside the Kingdom • Al-Marsad Newspaper

Al-Marsad newspaper: The technician, Saeed Al-Duwaigri, told the story of an expatriate who took advantage of an “old” man for 28 million riyals and transferred them outside the Kingdom because of a “code” message. He said during his intervention with the “Al-Rased” program broadcast on “Rotana Khaleejia” channel, that the old man gave his “code” … Read more