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Banks
Banque Misr’s Car Loan Portfolio Rose To EGP 400 Mln
Banque Misr’s car loan portfolio rose by more than 33% (EGP 100 million), registering EGP 400 million at the end of…
Deutsche Bank Says Profit Rose On Investment Bank Revenue
Deutsche Bank AG (DBK), Europe’s biggest bank, said third-quarter profit unexpectedly rose after investment banking…
ADIB Eyes Capital Boost Through Sukuk Sale
Abu Dhabi Islamic Bank is planning to boost its capital through the sale of a sharia-compliant debt instrument, in…
Islamic Finance Vital To Boost Africa Growth
Over the last decade, trade between African countries and the rest of the world has grown significantly and, in…
Top Official Of Emirates Islamic Bank & Dubai Bank Meets Corporate Banking Customers
Jamal Bin Ghalaita, Chief Executive Officer, Emirates Islamic Bank and Dubai Bank , met with key corporate banking…
Okdah, Saleh To Appoint New Chairman For Export Development Bank
The Central Bank of Egypt's Governor Farouk El-Okdah and the Minister of Industry Hatem Saleh will conduct talks to…
Returns On Savings Instruments Downed Due To Low Lending Rates
A number of bankers said that some banks have taken procedures to reduce interest rates on savings certificates as…
CBE Offered EGP 15 Bln T-Bills In 8 Days
The Central Bank of Egypt (CBE) will offer 91-day T-bills worth EGP one billion and 266-day T-bills worth EGP 3.5…
Egypt’s FX Reserves Likely Rose $300-400 Mln In Oct
Egypt's foreign reserves probably rose $300-400 million in October thanks to loans from Qatar and Turkey, state-run…
Banque Misr’s Retail Finances Hit EGP 2.9 Bln In September
Banque Misr’s retail finance portfolio stood at EGP 2.9 billion at the end of last September, compared to EGP 2.7…