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Banks
NBE’s NPLs Up To EGP 6.5 Bln As Dollar Hikes
The National Bank of Egypt’s (NBE) non-performing loan portfolio registered EGP 6.5 billion at the end of last…
QNB Group Announces Financial Results For 3 Months Ended 31 March 2013
• Net Profit exceeded QR2.1 billion, up by 6.7% from same period last year • Total Assets stood at QR380 billion,…
Banque Misr Sells Its 4% Stake In NSGB To QNB
Banque Misr, the second largest private bank in Egypt, sold its 4% stake in National Société Générale Bank (NSGB)…
QNB Not To Change NSGB’s Administration
Ali Shareef Al-Emadi, CEO of Qatar National Bank Group, has presented the Group’s view on methods of cooperation…
Hisham Ramez Visits Qatar On Saturday
The Governor of the Central Bank of Egypt (CBE) Hisham Ramez headed today to Doha to meet a number of Qatari…
Barclays, Absa Miss First Deadlines On African Asset Transaction
Absa Group Ltd. (ASA), the South African bank buying the bulk of Barclays Plc (BARC)’s African assets, said the…
NBE’s Islamic Retail Finances Hit EGP 150 Mln At End-March
The National Bank of Egypt’s (NBE) Islamic retail finances reached about EGP 150 million at the end of Q1 of 2013.…
Main Goods Imports Drive Egypt’s Foreign Reserves Down By US$ 84 Mln
The Central Bank of Egypt’s foreign reserves fell US$ 84 million to reach US$ 13.424 billion at the end of last…
Misr Iran’s Net Profit Hit EGP 215.4 Mln At End-2012
Misr Iran Development Bank’s standalone income statement that it achieved net profit of EGP 215.4 million at the…
CBE Offers US$ 40 Mln To Local Banks On Thursday
The Central Bank of Egypt (CBE) offers on Thursday US$ 40 million to local banks at its 43rd FX auction and the…