Banks Credit Agricole Egypt says loans grew 12.6% in June Ahmed Ali Aug 6, 2019 0 Crédit Agricole Egypt says loans and advances grew by 12.6 percent to 22.8 billion Egyptian pounds ($1.4 billion)…
Banks Egypt’s central bank, EBRD launch risk-free interest rate benchmark Ahmed Ali Aug 3, 2019 0 Egypt’s central bank has launched on Thursday a risk-free interest rate benchmark, in cooperation with the European…
Banks National Bank of Egypt clinches loan deal for e-customs operations Ahmed Ali Aug 3, 2019 0 State-run National Bank of Egypt (NBE) has signed on Thursday a 760 million Egyptian pound ($46 million) financing…
Featured Egypt’s pound strengthens 7.6% against U.S. dollar in 7 months Ahmed Ali Aug 3, 2019 0 The Egyptian pound strengthened by 7.6 percent against the U.S. dollar since the beginning of the year, according…
Banks Egypt’s United Bank ups SMEs finances to EGP3.3 bln Ahmed Ali Aug 1, 2019 0 The United Bank injects 150 million Egyptian pounds to SMEs portfolio by the end of June 2019 as part of CBE…
Banks Egypt’s M2 money supply 11.85% up y-o-y in June Ahmed Ali Aug 1, 2019 0 Egypt’s M2 money supply surged 11.85 percent year-on-year in June, a central bank data showed on Wednesday.
Banks Egypt’s Banque Misr: customers’ deposits rise 11.3% by June-end Ahmed Ali Jul 21, 2019 0 Egypt's second largest state-owned lender, Banque Misr reported a 11.3 percent year-on-year growth in its…
Banks Egypt’s Banque Misr eyes entering Djibouti market Ahmed Ali Jul 16, 2019 0 Egypt’s second-largest state bank, Banque Misr plans to enter Djibouti’s banking market as it bets on continued…
Banks Egypt orders banks to set up consumer-centric divisions before March 2020 Ahmed Ali Jul 15, 2019 0 Egypt’s central bank has asked banks to complete launching of consumer protection department before the end of…
Banks National Bank of Egypt eyes more loans, deposits, profitability by June 2020 Ahmed Ali Jul 4, 2019 0 National Bank of Egypt, the country’s largest bank by assets, says it targets 15-20 percent growth in loans,…