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