Friday 1 August 2014
Mena banks

Mena banks’ outlook 'in sharp contrast'

The outlook for banks across the Mena region signals a diverging trend, with stable prospects for GCC banks contrasting with unsettled conditions in rest of Mena region, a report said. The outlook is split between the buoyant oper


StanChart signs RMB deals with 5 banks

Standard Chartered has signed Renminbi (RMB) cross border trade settlement account agreements with five Mena based banks. The move will allow these banks to open RMB accounts in China and facilitate trade activities between these banks and

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