Banque Misr reviews its UAE operations amid U.S. money laundering concerns.

The entities involved

• Banque Misr →

  Egyptian bank

  Nothing else this week.

• central bank →

  public institution that manages a state's currency, money supply, and interest rates

  • The Central Bank of Nigeria manages liquidity through the use of Treasury bills.Mon 00:24
  • Makis Keravnos was appointed CEO of Hellenic Bank, with the appointment approved by the Central Bank.Sun 06:24

Related events

• Banque Misr, an Egyptian state-owned bank, operates branches in the United Arab Emirates.Sep 2
• National Bank of Egypt acquired Banque Misr's UAE branches.Sep 22
• The US launched Operation Economic Outcast, imposing secondary sanctions on Iranian partners and urging G20 officials to sever economic links with Iran.Aug 31
• The Central Bank banned transactions at Bank Melli Iran, citing money laundering concerns.Thu 07:53