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Banks
NBE donates EGP 1.2 million for Magdi Yacoub Institute
National Bank of Egypt (NBE) offered donation package of EGP 1.2 million to Magdi Yacoub Institute for research…
After launching Nour Islamic Bank, bankers: banks licensed by Central Bank, no need for…
Bankers affirmed that the Central Bank has an absolute right to license banks without the intervention of any other…
EU Imposes Sanctions on Syrian Central Bank
Foreign ministers of the 27 EU countries increased sanctions imposed on Syria's regime on Monday to stop its…
HSBC to focus more on Asia after achieving $22 billion profit in 2011
HSBC Holdings Plc (HSBA) posted a $21.9 billion profit for 2011, the best outturn by a western bank so far, Reuters…
Banks for Development and Agricultural Credit raise loan portfolio to EGP 7.7 billion
Eng. Mohamed Reda Ismail, Minister of agriculture and land reclamation, approved the loan portfolio increase…
NBD posted EGP 581 million loss in 2011
National Bank for Development (NBD) posted a raise in net loss by 16.7%, reaching EGP 581.4 million in 2011,…
El-Saeed: submitting reform program to parliament’s committees before introduced to IMF
Momtaz El-Saeed, minister of finance, said that the prime minister Kamal El-Ganzouri will amend in the upcoming…
Ahli United Bank achieved USD 310.6 m in 2011 net profits
Ahli United Bank Group (AUB) achieved USD 310.6 million in net profits, which is the highest rate AUB has ever…
Ministry of Finance offers EGP 3.5 bn treasury bills in bids
Ministry of Finance offers 266-days treasury bills with EGP 3.5 billion in bids on Sunday.
NBAD offers savings certificates in EGP with a 12.75% annual return
National Bank of Abu Dhabi (NBAD) in Egypt offers savings certificates for both Egyptians and foreigners with a…
