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Banks
6 Banks Sign Loan Agreement With East Delta Electricity Production
The National Bank for Development (NBD), Banque Misr, Egyptian Gulf Bank, Al Baraka Islamic Bank of Egypt, Bank…
CBE Issued T-Bonds Worth 7.8 Bln In October 2012
The outstanding balances of treasury bonds issued by the Central Bank of Egypt (CBE) on behalf of the Ministry of…
Arab International Bank’s Foreign Currency Rating Lowered Following Egypt Sovereign…
Capital Intelligence (CI), the international credit rating agency, announced that it has downgraded Arab…
National Societe Generale Bank’s Foreign Currency Rating Lowered Following Egypt…
Capital Intelligence (CI), the international credit rating agency, announced that it has downgraded National…
Banks’ Investments In Securities Rose EGP 1.83 Bln In October 2012
The value of securities held by the Egyptian banking sector registered an increase of EGP 1.83 billion to reach EGP…
Egypt Central Bank Will Retain ‘Total Independence”; Newly-Appointed Governor
Egypt’s newly-appointed central bank governor Hisham Ramez said in an exclusive interview with Al Arabiya that the…
Saudi’s Al Rajhi Bank Posts Small Q4 Net Profit Rise
Al Rajhi Bank, Saudi Arabia's largest listed lender, posted a small rise in fourth-quarter net profit on…
National Bank For Development Named Best Islamic Bank In Egypt
In a step that confirms its leadership in the banking sector, for the 3rd consecutive year the National Bank for…
CBE Offers US$75 Mln To Local Banks On Thursday FX Auction
The Central Bank of Egypt (CBE) offers US$75 million to local banks at its 3rd foreign currency auction this week,…
CBE Names Mohamed El-Atreby MD, CEO Of EGB
The Central Bank of Egypt (CBE) has approved the appointment of Mohamed El-Atreby as the managing director and CEO…