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Home >> International Financial News
International Financial News |
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 | HSBC inks exclusive deal to distribute general insurance products in MENA | 22-May-2013 |  | |
HSBC Middle East has signed an exclusive 10-year agreement with Zurich Insurance Middle East to distribute its personal and commercial General Insurance products in the UAE, with other Middle East and North Africa (MENA) markets to be considered in the future. | |
| New bank to open in Gaza Strip | 22-May-2013 | | |
A new bank is set to be inaugurated in the Gaza Strip next week, although it has not yet received the necessary licence from the Ramallah-based Palestinian Monetary Authority (PMA), Kuna has reported. | |
| ENBD launches $1bn Tier 1 bond | 22-May-2013 | | |
Emirates NBD has launched a $1bn core capital-boosting bond, amid healthy demand, allowing the Dubai lender to tighten earlier price guidance, Reuters has reported. | |
| Doha Bank mulling bond sale to boost capital | 22-May-2013 | | |
The chief executive of Doha Bank, R Seetharaman has said the Qatari lender may issue a capital-boosting bond instead of shares as planned, although it was evaluating the best route to help raise core capital, Reuters has reported. | |
| QNB to launch India operations in Q3 2013 | 21-May-2013 | | |
Qatar National Bank (QNB) has announced it had received all regulatory approvals to set up a fully-owned subsidiary in India, expanding its reach to Asia's third-largest economy, Reuters has reported. | |
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