UAB: Egypt has 3rd best banking system in Arab world as for assets, deposits, loans
The Union of Arab Banks (UAB) said that Egypt has third best banking system in Arab world in terms of assets,…
Browsing Tag
Egyptian banking system
Abu Dhabi Commercial Bank to open in Egyptian market on Sunday
Abu Dhabi Commercial Bank PJSC (ADCB) is set to open in the Egyptian market on Sunday, becoming the fifth Gulf…
Egypt deposits $199.5 billion in banks in FY2017/18 – c.bank
Egyptians deposited around 3.569 trillion Egyptian pounds ($199.5 billion) in the local banking system in financial…
Egypt banks’ domestic liquidity rose to 2.920 trillion pounds in June – C.bank
The Egyptian banking system’s local-currency liquidity surged in June than in the previous month, recording 2.920…
Egypt central bank not considering bitcoin adoption
Egypt’s central bank is not considering allowing banks to deal with bitcoins, the Central Bank of Egypt (CBE) said…
Moody’s bets on foreign investments in Egypt to ease dollar shortage
Despite warning about the pressures on foreign currency liquidity resulting from the dollar shortage, Moody’s has…
Egypt’s National Bank says deposits skyrocket to half trillion pounds
National Bank of Egypt's (NBE) deposits portfolio jumped to around a half a trillion Egyptian pounds (US$63.8…
6 Banks ink the biggest Loan for Egypt’s Electricity Sector
Under the leadership of the National Bank of Egypt (NBE), 6 banks succeeded in completing one of the biggest…
Egypt: 140 Central Bank, State-owned Banks’ Officials Recently Resign
In Egypt, around 140 officials of the central bank and other major state-owned banks; National Bank of Egypt,…
Suez Canal Certificate Sales Pump EGP27bn into Egypt’s Banks: Official
Investment certificates issued earlier this month to finance the digging of a new Suez Canal have attracted EGP 27…
