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Misr Iran Bank Q1 Net Profit Hit EGP 86 Mln
Misr Iran Development Bank’s net profit reached EGP 86 million at the end of Q1 of 2013, compared to EGP 80 million…
IMF Loan Crucial To Egypt, But Political Stability Indispensable: Hisham Ramez
The Governor of the Central Bank of Egypt (CBE) Hisham Ramez affirmed that securing US$ 4.8 billion loan from the…
CBE Offers US$ 40 Mln To Banks At 46th FX Auction
The Central Bank of Egypt (CBE) offers US$ 40 million to local banks on Thursday at its 46th FX auction and the…
No Taxes On Savings; CBE’s Hisham Ramez Affirms
The Governor of the Central Bank of Egypt (CBE) Hisham Ramez revealed that the Egyptian banking sector’s deposits…
Barclays Bank Egypt’s Net Profit 301.8% Up
Barclays Bank Egypt achieved net profit of EGP 368.4 million as of the end of 2012, compared to EGP 91.6 million at…
Barclays Egypt Re-Launches Maadi Branch
Barclays Bank Egypt has re-inaugurated its branch in Maadi after purchasing a new land, expanding its area and…
Intesa Sanpaolo Named Best Bank In Italy By Global Finance
Intesa Sanpaolo has been awarded by the American magazine GLOBAL FINANCE as “Best Bank in Italy” in the category…
Sukuk Law 100% Islamic, Al-Azhar’s Reservations On Technicalities: El-Beltagy
Al-Azhar’s Senior Scholars Authority has not rejected the proposed sukuk law and did not say it violates Sharia…
NSGB’s Assets Hit EGP 68.5 Bln At End-March 2012
The value of National Société Générale Bank’s (NSGB) assets reached EGP 68.522 billion at the end of last March,…
CBE Offers US$ 40 Mln To Local Banks On Wednesday
The Central Bank of Egypt (CBE) offers on Wednesday US$ 40 million to local banks at its 45th FX auction and the…