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Banks
Egyptian Banking Sector’s Deposits Hit EGP 1,000,072 Trillion: Hisham Ramez
The value of deposits in both local and foreign currencies held by the Egyptian banking sector rose by EGP 135…
J.P. Morgan May Grab Mkt Share As Others Pull Back
When US banking giant Citigroup Inc moved one of its top bankers, Alberto Verme, to Dubai in 2008, it was a sign of…
Arab Banking Corporation Allocates EGP 300 Mln For SMEs
The Arab Banking Corporation-Egypt targets to finance small and medium enterprises (SMEs) in 2013 as it allocated…
Egypt’s Cabinet To Appoint New Banks’ Leaders Soon: Sources
Banking sources revealed that Egypt’s cabinet will change a number of leaders of state-owned banks such as the…
Union National Bank Contributes EGP 150 Mln To Loan For MAF Holding
The Union National Bank - Egypt has approved to contribute EGP 150 million to the loan arranged by the National…
NBAD Contributes EGP 200 Mln To Loan For MAF Holding
The National Bank of Abu Dhabi (NBAD) approved to contribute EGP 200 million to the syndicated loan arranged by the…
Banque Du Caire Withdrew US$60 Mln From Switzerland To Meet Dollar Demand
Mohamed Taha, deputy chairman of Banque Du Caire, affirmed that the bank has strong dollar liquidity and can…
Egyptian Banking Sector To Implement Basel II By Next June
All Egyptian banks will apply Basel II standards during the first half of 2013, said an official source at the…
NBE Offers EGP 60 Mln Credit Facilities To 3 Road Construction Companies
The National Bank of Egypt (NBE) approved to offer credit facilities worth EGP 60 million to bail out three…
Arab Investment Bank Contributes EGP 100 Mln To Loan For MAF Holding
The Arab Investment Bank approved to contribute EGP 100 million to the syndicated loan arranged by the National…