Bank Audi SAL - Audi Saradar Group

Type: Company
Name: Bank Audi SAL - Audi Saradar Group (Banque Audi SAL)
Nationality: Lebanon
Web Address: http://www.banqueaudi.com/
Fact Sheet: Fact Sheet for Banque Audi SAL
First reported 15 hours ago - Updated 15 hours ago - 1 reports

Abu Dhabi Islamic Bank - Egypt arranged and signed the first Islamic "Ijara" Structure Syndication

Confirming its leading role in the Egyptian Islamic Banking, Abu Dhabi Islamic Bank- Egypt (ADIB- Egypt) arranged and signed the first of its kind Ijara Structure Syndication in Egypt. ADIB- Egypt as Initial Mandated Lead Arranger (IMLA) and the Global ... [Published AME Info - 15 hours ago]
First reported May 23 2013 - Updated May 23 2013 - 1 reports

World's largest bank ICBC to buy Turkey's Tekstilbank

/TODAY'S ZAMAN, İSTANBULAccording to a recent report published by the Economist magazine, the Industrial and Commercial Bank of China (ICBC), the world's largest bank, is in talks to purchase Turkey's Tekstilbank.ICBC had previously bid to purchase another ... [Published Zaman - May 23 2013]
First reported May 21 2013 - Updated May 22 2013 - 2 reports

Lebanon's public debt rapidly increasing: Bank Audi

Lebanese lender Bank Audi has said the countrys public debt and budget deficit saw a substantial rise at the beginning of the year, warning against policies that could further weaken its financial stability, The Daily Star has reported. After Lebanon ... [Published AME Info - May 22 2013]
First reported May 21 2013 - Updated May 21 2013 - 1 reports

Banque Audi: Lebanon Economic Report (Q1-2013)

Economy growing slowly but avoiding recessionThe Lebanese economy started the year 2013 with an activity similar to the one observed since the onset of the Arab Spring which had undoubtedly adverse spillover effects on Lebanon in the realms of investment, ... [Published Zawya.com - May 21 2013]
First reported May 20 2013 - Updated May 20 2013 - 1 reports

Bank Audi warns over Lebanon’s rapidly increasing public debt

. (The Daily Star/Hasan Shaaban)BEIRUT: Bank Audi sounded the alarm Monday over a substantial rise in Lebanon’s public debt and budget deficit at the beginning of the year, warning against policies that could further weaken its financial stability.The ... [Published Lebanon Daily Star - May 20 2013]
First reported May 20 2013 - Updated May 20 2013 - 1 reports

Moodys cuts Lebanons three largest banks outlo. . .

Moody's cuts Lebanon's three largest banks outlook to negative [IntelliNews - Weekly Reports]Al Bawaba Ltd.Moody's downgraded theoutlook ofLebanon's three largest banks, Blom Bank, Bank Audi and Byblos Bank to negative from stable due to their large exposure ... [Published Equities.com - May 20 2013]
First reported May 20 2013 - Updated May 20 2013 - 1 reports

Cooperative Insurance Society Manages NBE's Insurance Portfolio

The Cooperative Insurance Society – Egypt signed two agreements worth EGP 175 million with the National Bank of Egypt (NBE) to manage the bank's insurance portfolio.The first agreement covers the bank's branches in Suez Canal region which are more than ... [Published Masress.com - May 20 2013]
First reported May 18 2013 - Updated May 18 2013 - 1 reports

Moody's revises Lebanese lenders' outlook

Lebanon: Moody's ratings agency has revised the outlook on the long-term local and foreign currency deposits ratings of Lebanese lender Bank Audi, Blom Bank and Byblos Bank, from 'stable' to 'negative,' The Daily Star has reported. The long-term local-currency ... [Published AME Info - May 18 2013]
First reported May 14 2013 - Updated May 14 2013 - 1 reports

Grow My Business" launch press conference

Grow, Bank AudiBeirut, May 14, 2013: A press conference was held on May 14, 2013, at the premises of the Beirut Traders Association (BTA) in Sanayeh, to launch the third edition of the " Grow My Business" competition, an initiative by the BTA, in collaboration ... [Published Zawya.com - May 14 2013]
First reported May 14 2013 - Updated May 14 2013 - 1 reports

LEBANON: Fitch affirms Bank Audi's long-term issuer default rating at 'B'

LEBANON: Fitch has affirmed Bank Audi's long-term issuer default rating at 'B' with a stable outlook... ... [Published Islamic Finance News - May 14 2013]
First reported May 11 2013 - Updated May 11 2013 - 1 reports

Bank Audi's ratings affirmed

Capital Intelligence (CI), the international credit rating agency, announced that it has affirmed Bank Audi sal-Audi Saradar Group (Audi)'s Financial Strength Rating (FSR) at 'BBB-', based on the Bank's strong franchise and growing international footprint, ... [Published AME Info - May 11 2013]
First reported May 04 2013 - Updated May 05 2013 - 3 reports

Video: Brother businessman kidnapped in Ismailia accuses security بالتخاذل in of re-brother

Ahmed Anwar's trial postponedEgyptians protest arson in Paris Abu Ismail faces investigation Egypt's first female ambassador dies at 85 Syrian Sunnis flee coastal town fearing sectarian violence Pilots Land case postponed Egypt's Elmohamady steers Hull ... [Published Masress.com - May 04 2013]

Quotes

...In his address during the ceremony, he asserted, "the companies that benefited from these investments were chosen according to international standards pertaining to the solidity of the business and the competence of those behind it. We believe that creative startups with a promising future are the cornerstone for the local economy and for providing job opportunities. This is why we are helping them to develop and expand."
Moody's action followed a recent similar one on Lebanon's B1 government bond ratings whose outlook was cut to negative. The government's "weakening creditworthiness weighs on the standalone credit profile of the banks given the high credit linkages between their balance sheets and sovereign credit risk" Moody's said...
"The regional turmoil has imposed considerable costs on the Jordanian economy," said Bank Audi in a note. "While sound macroeconomic policies have helped Jordan to navigate through a challenging period, developments during the past couple of years somehow aggravated an already difficult economic situation in Jordan."
"We want to keep the most talented people in Lebanon" Chammas said. "It's tough, but we have to try."

More Content

All (74) | News (65) | Reports (1) | Blogs (4) | Audio/Video (0) | Fact Sheets (4) | Press Releases (0)
sort by: Date | Relevance
Abu Dhabi Islamic Bank - Egypt arranged and sig... [Published AME Info - 15 hours ago]
World's largest bank ICBC to buy Turkey's Tekst... [Published Zaman - May 23 2013]
The Bader Fund invests $1.1 million in three Le... [Published Zawya.com - May 23 2013]
Lebanon's public debt rapidly increasing: Bank ... [Published AME Info - May 22 2013]
DSA Announces 2013 Industry Excellence Award Wi... [Published Signage Solutions Magazine - May 21 2013]
Morning briefing: 21 May 2013 [Published Executive Magazine - May 21 2013]
Emerging Opportunities in Lebanons Cards and Pa... [Published Presscontacts.com - May 21 2013]
Banque Audi: Lebanon Economic Report (Q1-2013) [Published Zawya.com - May 21 2013]
Bank Audi warns over Lebanon’s rapidly increasi... [Published Lebanon Daily Star - May 20 2013]
Moodys cuts Lebanons three largest banks outlo.... [Published Equities.com - May 20 2013]
Cooperative Insurance Society Manages NBE's Ins... [Published Masress.com - May 20 2013]
Jordan nears tipping point [Published Zawya.com - May 19 2013]
Moody's revises Lebanese lenders' outlook [Published AME Info - May 18 2013]
Turkish banks: The lure of the Bosphorus [Published The Economist - May 16 2013]
Driving Lebanon to a Cashless World [Published Master Card - May 16 2013]
Outlook negative for Lebanon's biggest banks: M... [Published Lebanon Daily Star - May 16 2013]
Joblessness among young Turks surges [Published Turkish Daily - May 15 2013]
'Grow my Business' competition aims to help SME... [Published Individual.com - May 15 2013]
DSA Industry Excellence Awards honor best in sc... [Published Kiosk Marketplace - May 14 2013]
Intesa Sanpaolo has become the 50th banking ins... [Published Balkans.com - May 14 2013]
Grow My Business" launch press conference [Published Zawya.com - May 14 2013]
LEBANON: Fitch affirms Bank Audi's long-term is... [Published Islamic Finance News - May 14 2013]
Digital Screenmedia Association Announces 2013 ... [Published PRWeb - May 14 2013]
Fitch Affirms Bank Audi at 'B'; Outlook Stable [Published Reuters - May 13 2013]
Bank Audi's ratings affirmed [Published AME Info - May 11 2013]
The Beach Dress Sewing Workshop at Creative Space [Published Beirut.com - May 06 2013]
Bank Audi Contributes US$ 22 Mln To Best Africa... [Published Masress.com - May 05 2013]
Video: Brother businessman kidnapped in Ismaili... [Published Masress.com - May 04 2013]
Mohammed Saeed Mahfouz: there is a deliberate i... [Published Masress.com - May 04 2013]
After widespread video shows poor slaughter cow... [Published Masress.com - May 04 2013]
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Lebanese telecom sector supports the rapid grow... [Published MediaME PR Newswire - Mar 17 2013]
A global boom in the digital sector has attracted the interest of telecom operators worldwide, who are working to carve their role in the ecosystem of mobile content, applications and services, with Lebanon as no exception. Leading Lebanon’s push ...
From worst Internet speed in the world to capit... [Published MediaME PR Newswire - Mar 05 2013]
Lebanon, a country that suffered the indignity of being ranked ‘worst internet speed in the world’ in 2011, has spent the past year focusing its energy on digital initiatives that aim to transform the nation into a vibrant technological hub for businesses ...
MICROCAPITAL BRIEF: Sanad Fund for MSME Loans $... [Published MicroCapital - Feb 16 2013]
The Sanad Fund for MSME (micro-, small and medium-sized enterprises), an initiative of the German development bank Kreditanstalt fur Wiederaufbau Entwicklungsbank that invests in financial institutions in the Middle East and North Africa, recently agreed ...
MICROCAPITAL BRIEF: Sanad Fund for MSME to Loan... [Published MicroCapital - Feb 06 2013]
The Sanad Fund for MSME (micro-, small and medium-sized enterprise), an initiative of the German development bank Kreditanstalt für Wiederaufbau Entwicklungsbank that provides debt and equity to financial institutions in the Middle East and North Africa ...
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