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Banks
Banque Misr’s Retail Banking Volume Hit EGP 2.9 Bln At End-June 2012
Banque Misr’s retail banking portfolio surged to 2.9 billion at the end of June 2012, compared to EGP 1.9 billion…
Banque Misr’s SME Finances Hit 72% Up In FY 2011/12
Banque Misr’s SME finance portfolio grew 72% in FY 2011/2012, thanks to the bank’s continuous support to small and…
Banque Misr Acquires 15.9% Deposit Market Share In Egypt
Banque Misr raised the value of deposit portfolio from EGP 154.5 billion to EGP 162.5 billion, registering an…
Banque Misr’s Net Loans Surged EGP 6.9 Bln At End-2012
Banque Misr’s net loans rose EGP 6.9 billion (15.2%) by the end of December, 2012. The bank expanded in offering…
Nasser Social Bank’s Budget Hit EGP 9.185 Bln in Six Months
Nasser Social Bank’s budget for the first half of FY 2012/2013 reached EGP 9.185 billion, registering an increase…
Finance Ministry Sells 182-, 357-Day T-Bills Worth EGP 6.5 Bln
The Egyptian Ministry of Finance sold 182- and 357-day T-bills worth EGP 6.5 billion on Thursday. The Ministry…
NBE Considers Financing 45,000 Bakeries To Work On Natural Gas
The National Bank of Egypt (NBE) studies to finance from 40,000 to 45,000 bakeries in all governorates in Egypt to…
Banque Du Caire’s 4th Fund Attracts EGP 130 Mln
Banque Du Caire’s fourth investment fund attracted about EGP 130 million, exceeding the target by 30%. The fund is…
NBE Did Not Receive Official Request To Delay “White Taxi” Debt Payments
Banks financing the “white taxi project” have not received any official letter concerning the delay of payments of…
CBE Offers US$ 40 Mln To Local Banks At FX Auction
The Central Bank of Egypt (CBE) offers US$ 40 million to local banks on Thursday, with a maximum of US$ 6 million…