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Banks
BNP Paribas Third-Quarter Net More Than Doubles On Trading Gains
BNP Paribas SA (BNP), France’s largest bank, said third-quarter profit more than doubled after it posted higher…
Egypt Pound Slips To Weakest In Almost Eight Years
Egypt's currency weakened on Tuesday to its lowest against the U.S. dollar since 2004, and traders and analysts…
EBRD To Approve Financing For Egypt Before End Of Month
The European Bank for Reconstruction and Development (EBRD) will decide on a proposal to provide Egypt with…
Remco Announced Talks With NBE Over Debt Settlement
In a filling statement to the EGX, Remco for Touristic Villages Construction stated that it is currently in talks…
Crédit Agricole Egypt 9-Month Loans Up 4.2%
The value of deposits held by Crédit Agricole Egypt registered EGP 21.165 billion at the end of last September,…
Bankdhofar Placed Among Top 10 GCC Performing Banks
BankDhofar has been named one of the top ten performing banks in the Gulf Cooperation Council (GCC) by the Gulf…
Egyptian Banking Sector’s Investments In T-Bills Hit EGP 373.9 Bln In August
The Egyptian banking sector’s investments in treasury bills surged by EGP 3.46 billion (0.9%), registering EGP…
National Bank For Development 9-Month Retail Loans Up 14.6%
The National Bank for Development’s (NBD) retail loans witnessed an increase of EGP 299 million (14.6%),…
HSBC Warns Money-Laundering Fines Could Top $1.5bn
HSBC is braced for fines from the US authorities of at least $1.5bn (£940m) – one of the largest in the financial…
Deposits Held By Banking Sector Rose To EGP 1.035 Trillion In August
The volume of deposits held by the Egyptian banking sector witnessed an increase of EGP 46.457 billion (4.7%) in…