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Banks
NBE To Approve FY 2011/2012 Budget Next Sunday
The National Bank of Egypt (NBE) will hold its general assembly meeting next Sunday to approve the bank’s budget…
SAIB Distributes US$12.375 Mln To Shareholders
Société Arabe Internationale de Banque’s (SAIB) Ordinary General Assembly approved to distribute US$ 12.375 million…
Attackers Of CBE Governor’s Car Arrested
Giza’s security apparatus has arrested the gunmen who attacked the car of the Central Bank of Egypt governor Hisham…
Bank Muscat Opens Branch In Rumais
Bank Muscat, the flagship financial services provider in the Sultanate, yesterday opened a state-of-the-art branch…
Crédit Agricole Egypt’s Net Profit Hit EGP 472.3 Mln At End-2012
Crédit Agricole Egypt achieved net profit of EGP 472.3 million at the end of 2012, compared to EGP 308 million at…
Local Banks Lend Finance Ministry US$ 819 Mln Despite Dollar Liquidity Shortage
Local banks lent the Egyptian Ministry of Finance US$ 819 million through investing in dollar-denominated T-bills…
NBE Offers EGPC US$ 192 Mln To Import Crude Petroleum From Kuwait
The National Bank of Egypt (NBE) has issued a letter of credit worth US$ 192 million for the Egyptian General…
Finance Ministry Sells 5-, 7-Year T-Bonds Worth 1 Bln
The Egyptian Ministry of Finance sold on Monday 5- and 7-year T-bonds worth EGP 1 billion. The Ministry has raised…
CBE Gives Banks Reprieve To Implement Basel II Standards Till End-March
The Central Bank of Egypt (CBE) has granted private banks a reprieve till the end of next March to fully implement…
Crédit Agricole Egypt’s Assets Rose To EGP 28 Bln At End-2012
Crédit Agricole Egypt’s assets surged EGP 2.441 billion (9.5%) to reach EGP 28.081 billion at the end of last…