Banking

April 13, 2014

1

Bank Muscat and AIG Form Bancassurance Partnership in Oman

Bank Muscat, the flagship financial services provider in the Sultanate of Oman, and American International Group, Inc (NYSE: AIG) today announced that they have entered into a 10-year strategic bancassurance agreement under which AIG will become the exclusive provider of non-life insurance products to Bank Muscat customers in Oman.


Bank Muscat is the leading bank in Oman"...

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April 9, 2014

2

QNB Group: Financial Results for the Three Months Ended 31 March 2014

QNB Group, the World’s Strongest Bank and the leading bank in the Middle East and North Africa, announced its results for the three months ended 31 March 2014. These results include the financial results of QNB ALAHLI in Egypt.


For the three months of 2014 Net Profit was QR2.4 billion (USD668 million), up by 13.7% compared to last"...

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March 25, 2014

3

Caledonian Bank Taps i2c for Debit Card Processing

i2c, Inc., a provider of payment processing and emerging commerce solutions, today announced that Caledonian Bank Ltd., a division of Caledonian Global Financial Services Inc., is leveraging its global"......

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March 18, 2014

4

American Express Enters into Agreement to Create Joint Venture for Business Travel

Investment creates additional capacity for products, technology and servicing capabilities


American Express Company (NYSE:AXP) today announced that it has signed an agreement to create a joint venture for its Global Business Travel division (“GBT”). Under the agreement, American Express will share ownership of the joint venture with an investor group led by"...

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