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Banks
South Africa’s Standard Bank Reduces Stake In Turkey’s Unlu
South Africa's Standard Bank (SBKJ.J) is selling most of its stake in Standard Unlu to its partner in the Turkish…
NBE Disbursed EGP 183 Mln Yellow Remittances
The National Bank of Egypt (NBE), the bank in the country with the major market share in the nation's banking…
Fatma Lotfy: Islamic Banking Is the Future
Fatma Lotfy, vice chairman and managing director of Bank Audi - Egypt, believes that Islamic banking will have a…
CBE: Banks’ Deposits Rise By EGP 2.9 Bln In January
The volume of banks’ deposit portfolio raised by EGP 2.9 billion in one month as it registered EGP 992.3 billion…
CBE: Banks’ Credit Facilities Rise EGP 2.56 Bln In January
Credit facilities offered by banks in Egypt registered EGP 492.2 billion in last January, compared with EGP 489.7…
Experts: Arab Banks Successfully Face Economic Crises
Arab Banking Conference 2012, held on 11th and 12th of April in Abu Dhabi, discussing ways of implementing Arab…
Arab Economic Security Tops Union of Arab Banks Agenda
Wissam Fattouh, Secretary General of the Union of Arab Banks (UAB), announced that UAB targets studying and…
NBE Settles EGP 600 Mln Debts
Tourism and real estate sectors acquires 35% of the National Bank of Egypt (NBE)’s total irregular debts portfolio…
Banque Du Caire Starts Applying Basel II Regulations
Banque Du Caire has implemented the first phase of Basel II which includes calculating adequate capital rate held…
NBE Finances Electricity Sector With EGP 5bln
Total syndicated loans, organized by National Bank of Egypt (NBE) for electricity sector during the period from…