Banks CIB injects funds of EGP4.1bln in retail banking in 2019 mohamed Hamdy Nov 25, 2018 0 Egypt's largest listed bank, Commercial International Bank (CIB), announced that retail banking funds have…
Banks Agricultural Bank settles default loans of EGP330mln as part of CBE initiative mohamed Hamdy Nov 21, 2018 0 Egypt's main agricultural lender, the Egyptian Agricultural Bank has settled agreements with 4,500 defaulters with…
Banks Banque Misr’s Islamic banking increases to EGP7.8bln in June 2018 mohamed Hamdy Nov 15, 2018 0 Egypt's second-largest state-owned bank, Banque Misr announced that its Islamic banking portfolio has increased to…
Featured Microfinance activity records 10.6 mln pounds in Q3 2018 mohamed Hamdy Nov 15, 2018 0 Egypt’s microfinance activity balance has increased over the third quarter (Q3) of 2018 to register 10.6 billion…
Featured EFSA to finish insurance and consumer finance laws in 2019 mohamed Hamdy Nov 14, 2018 0 The Egyptian Financial Supervisory Authority is set to finish both insurance and consumer finance laws during the…
Featured Egypt’s MSME agency negotiating European Investment Bank €60 million loan mohamed Hamdy Nov 13, 2018 0 Egypt’s Micro, Small, and Medium Enterprises Development Agency (MSMEDA) is in talks with the European Investment…
Featured MSMEDA provides EGP4.1 bln to SMEs in 9 months mohamed Hamdy Nov 8, 2018 0 The Micro, Small and Medium Enterprises Development Agency (MSMEDA) has provided funds at a value of 4.1 billion…
Featured State land bank to set up new HQ in Egypt’s new capital mohamed Hamdy Nov 6, 2018 0 The state-owned Egyptian Arab Land Bank (EALB) has signed an agreement on Tuesday to set up a new headquarters in…
Banks Al Baraka Bank gets regulatory approval to set up new firm in Egypt mohamed Hamdy Nov 6, 2018 0 Al Baraka Bank-Egypt, part of Bahraini Islamic lender Al Baraka Group, has obtained regulatory approvals to set up…
Banks Egypt’s central bank exempts EALB bank from 14% required reserve ratio mohamed Hamdy Nov 4, 2018 0 Egypt’s central bank has exempted the state-owned Egyptian Arab Land Bank (EALB) from a 14 percent required reserve…