Browsing Category
Banks
Union National Bank-Egypt’s Retail Loans Hit EGP 704.4 Mln At End-2012
Union National Bank-Egypt’s retail loan portfolio surged 49.8% (EGP 234.3 million) to reach EGP 704.4 million at…
Egypt Seeks Up to $1 Billion From Debut Sukuk: Islamic Finance
Egypt plans to raise as much as $1 billion by June from the sale of its first Islamic bonds as the government…
Mobinil Loan Arrangers Send Info Memo To 17 Banks
The National Bank of Egypt (NBE), Banque Misr, Commercial International Bank (CIB), National Société Générale Bank…
CBE Offers US$ 40 Mln To Local Banks At FX Auction On Monday
The Central Bank of Egypt (CBE) offers US$ 40 million to local banks on Monday, with a maximum of US$ 6 million to…
Banque Misr’s Net Profit Hit EGP 709 Mln In FY 2011/12
Banque Misr’s general assembly approved in its meeting last Sunday the financial statements for the fiscal year…
Egypt Regulator Approves Qatar Bank’s Offer For NSGB
Egypt's financial regulatory authority has approved an offer by Qatar National Bank to buy 100 percent of National…
Union National Bank – Egypt To Discuss Conducting Islamic Banking Transactions In March
Union National Bank – Egypt’s ordinary general assembly will be held on March 30th. After receiving an approval…
Finance Ministry Sells 91-, 273-Day T-Bills Worth EGP 5.5 Bln
The Egyptian Ministry of Finance sold 91- and 273-day T-bills worth EGP 5.5 billion on Sunday. The Ministry raised…
Decline In Egypt’s Foreign Reserves’ Could Slow Down By March; Says Ramez
The governor of the Central Bank of Egypt (CBE) Hisham Ramez expected foreign reserves’ decline to slow down in…
Union National Bank – Egypt’s Net Profit Hit EGP 32.7 Mln In 2012
Union National Bank – Egypt achieved post-tax net profit of EGP 32.7 million at the end of 2012, compared to EGP…