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European stocks diverge, with eyes on Greece LONDON: European stocks diverged in cautious deals on Friday, despite gains across most of Asia, as investors mulled growing optimism over Greece ahead of the weekend.London's benchmark FTSE 100 index of major blue-chip companies dipped 0.11 percent to 6,789.10 points in midday deals.Frankfurt's DAX 30 shed 0.23 percent to 11,689 points while the CAC 40 in Paris rose 0.11 percent to 5,126.90 compared with Thursday's close.In foreign exchange deals, the euro firmed to $1.0896 from $1.0875 late on Thursday in New York.Markets had advanced Thursday after Greek lawmakers voted in favour of an austerity-laden bailout package and the European Central Bank (ECB) increased emergency funding to Greece's teetering banks.On Friday, Chancellor Angela Merkel made an impassioned plea to German lawmakers to back a new Greece bailout deal that conforms to EU rules and prevents "chaos" in the crisis-hit country.Merkel, like Greece's hard-left Prime Minister Alexis Tsipras, faces rebels in her ...

European stocks gain ground after Athens bailout vote LONDON: Europe's main stock markets advanced Thursday, mirroring gains in Asia, after Greek lawmakers voted in favour of an austerity-laden bailout package, and as the European Central Bank increased emergency funding to Greece's teetering banks.In mid-afternoon deals, London's benchmark FTSE 100 index rose 0.63 percent to 6,795.98 points.Frankfurt's DAX 30 added 2.01 percent to 11,771.57 points and the CAC 40 in Paris won 1.63 percent to 5,129.24 points compared with Wednesday's close.The Greek parliament backed ...
Investors welcome Greek bailout approval; Yellen lifts dollar LONDON: Stocks rose and euro zone bond yields fell on Thursday as investors welcomed Greek parliamentary approval of a bailout plan, while the dollar hit a six-week high after Federal Reserve Chair Janet Yellen reinforced expectations for a U.S. rate hike.Relief was the dominant sentiment across European markets, ahead of the European Central Bank's monthly policy meeting later in the day, as Greece's approval of the painful measures lessens the likelihood of Athens's immediate exit ...
European shares hit six-week high after Greek vote LONDON: European shares climbed to a six-week high on Thursday after the Greek parliament passed strict austerity measures demanded by its lenders to open talks on a new bailout package to keep Greece in the euro.In exchange for funding worth up to 86 billion euros ($94 billion), Greece has accepted reforms including significant pension adjustments, higher value added taxes, an overhaul of its collective bargaining system, measures to liberalise its economy and tight limits on ...
European stocks gain ground after Athens bailout vote LONDON: Europe's main stock markets advanced at the start of trading on Thursday after Greek MPs voted in favour of an austerity-laden bailout package.In opening trade, London's benchmark FTSE 100 index rose 0.28 percent to 6,772.75 points, Frankfurt's DAX 30 added 0.73 percent to 11,624.48 and the CAC 40 in Paris won 0.49 percent to open at 5,071.90 points compared with Wednesday's close.Greek lawmakers backed a deeply contentious bailout package Thursday, clearing the first hurdle ...
European shares near three-week high, with focus on Greek vote LONDON: European shares steadied at three-week highs on Wednesday, led by Dutch firm ASML, as investors waited for a crucial vote in Greece on a proposed bailout package.The pan-European FTSEurofirst 300 index was up 0.4 percent at 1,586.50 points by the close, touching its highest since June 26.Outperforming other national indexes, Italy's FTSE MIB rose 1.3 percent and Spain's IBEX gained 0.7 percent, as bond yields in the euro zone's periphery fell before the Greeks ...
Britain's FTSE ends flat, Burberry falls on slower sales growth LONDON: Britain's top share index ended flat on Wednesday, with building supplies company Travis Perkins leading gainers after a broker upgrade, while luxury goods maker Burberry was among the biggest fallers after posting slower sales growth.Investors were reluctant to place strong bets before a crucial vote in Greece on a proposed bailout package to save the country from bankruptcy.The blue-chip FTSE 100 index, which had risen for the last five days and touched its highest ...

 



 
Index Closing Chg%
Arrow DJIA 17,689.86 0.03
Arrow Nasdaq 5,128.28 0.01
Arrow S&P 2,103.84 0.23
Arrow FTSE 6,696.28 0.41
Arrow DAX 11,308.99 0.46
Arrow CAC-40 5,082.61 0.72
Arrow Nikkei 20,585.24 0.30
Arrow H.Seng 24,636.28 0.56
Arrow Sensex 28,114.56 1.48





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln