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Banks
CIB Ranked Egypt Most Efficient Bank
The financial news outlet Business News recently released a number of performance indicators for Egyptian banks…
NBE Gives Tourism Customers Reprieve To Repay Loans Next Year
The National Bank of Egypt (NBE) has given a reprieve to customers in the tourism sector to repay the EGP 500…
HSBC Signs Agreement With Emirates For Innovative E-Letter Service
HSBC Bank Middle East Limited has entered into an agreement to provide over seven thousand employees of The…
Hisham Ramez Reveals Futile Attempts To Interfere In Banking Affairs
The Governor of the Central Bank of Egypt (CBE), Hisham Ramez, said there are some fruitless attempts to interfere…
Banks Amend Conditions Memos Of KIMA, South Helwan Power Plant Loans
A consortium, comprised of the National Bank of Egypt (NBE), Banque Misr, Commercial International Bank (CIB), Arab…
NBE Mulls Lending 2 Poultry Companies EGP 300 Mln
The National Bank of Egypt (NBE) considers offering EGP 300 million to two poultry companies. Sources said the…
Faisal Islamic Bank Of Egypt’s Finances Hit EGP 3.3 Bln At End-March
The value of Musharaka, Murabaha and Mudaraba offered by Faisal Islamic Bank of Egypt surged 3.5% (EGP…
Egypt’s FinMin To Offer T-Bills Worth EGP 6 Bln Tomorrow
The Egyptian Ministry of Finance will offer 91- and 266-day treasury bills worth EGP 6 billion in an auction next…
Alex Bank To Join 3 Banks In Financing Franchise Enterprises
Alex Bank Intesa Sanpaolo plans to join the National Bank of Egypt (NBE), Bank Audi Egypt and Industrial…
Egypt Plans to Issue Sukuk in Early 2014
Egypt aims to issue a sukuk to international and domestic markets at the beginning of 2014, the country said in its…
