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Banks
Dina A. Fattah Honored For Contributions To Egyptian Banking Journalism
The media figure Dina Abdel Fattah, editor-in-chief of Amwal Al Ghad, has been honored at “Forsan Al-Kelma”…
Reducing Credit Concentration Risk A Must To Achieve Economic Growth: Mohy El-Din
Banks have to play many roles in the upcoming period so as to contribute to boosting economic growth, said Abdel…
Maintaining Banks’ Strength An Urge To Limit Economic Deterioration: Yasser Hassan
Maintaining the strength of the banking sector to be able to continue its role without being exposed to large risks…
Industrial Development Bank Plans Capital Increase
The Industrial Development and Workers Bank of Egypt seeks to raise issued and paid-up capital from EGP 500 million…
United Bank’s Deposit Portfolio Hit EGP 14 Bln At End-2012
The United Bank’s deposit and loan portfolios reached EGP 14 billion and EGP 4.5 billion, respectively at the end…
NBE In Talks With Electricity Holding Co. Over US$ 1 Bln Loan
The National Bank of Egypt (NBE) currently negotiates with the Egyptian Electricity Holding Company over US$ 1…
Barclays Bank Egypt Launches Unlimited Account for Retail and Corporate Customers
As part of its ongoing commitment to providing unique services to customers, Barclays Bank Egypt launched the…
Albaraka Announced The Dividends Distribution
AlBaraka Banking Group B.S.C. announced the dividendsdistribution(to shareholders as of AGM date 19 March…
Finance Ministry Sells 91-, 266-Day T-Bills Worth EGP 6 Bln
The Egyptian Ministry of Finance sold 91- and 266-day treasury bills worth EGP 6 billion on Sunday. The Ministry…
Banks Seek More Advanced E-Payment Services: Mohamed Barakat
The banking sector is now turning to depend on more advanced payment services so as to reduce risks of losing cash…