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Banks
NBE Launches New Branch In Sheikh Zayed City Today
The National Bank of Egypt (NBE) inaugurates today a new branch in Sheikh Zayed City, raising the number of its…
Agricultural Credit Bank Pays EGP 2.4 Bln For 912,000 Tons Of Wheat
Alaa Samaha, chairman of Principal Bank for Development and Agricultural Credit, said that wheat storehouses are…
Barwa Bank Group Board of Directors holds its meeting
A presentation from the Executive Management on the bank’s current performance and future growth plans Doha, May…
Standard Chartered Hosts Financial Institutions Trade Finance Seminar
Standard Chartered 's Transaction Banking team organized a first-of-a-kind Trade Finance Seminar for financial…
Bank Nizwa Hosts Islamic Finance Seminar At SQU
Bank Nizwa , the first Islamic Bank in the Sultanate recently organised a one-day Islamic finance seminar at Sultan…
CIB’s Investments In Govt. Debt Instruments 41.6% Up At End-March
The Commercial International Bank’s (CIB) investments in treasury bills and other government securities rose EGP…
Federation Of Egyptian Banks Mulls Establishing Micro-Enterprise Bank
The Federation of Egyptian Banks (FEB) will hold a meeting on 29th of this May to study the establishment of a…
New Egypt Central Bank Ruling A Blow For Local Money Market Funds
Egypt's central bank, worried that banks are investing too much of their cash in local money market and fixed…
CIB Reports EGP 655 Mln Net Profit In Q1 2013
The Commercial International Bank (CIB) achieved net profit of EGP 655 million at the end of the first quarter of…
Egypt’s Central Bank Offers US$ 40 Mln At Thursday’s FX Auction
The Central Bank of Egypt (CBE) has offered US$ 40 million to local banks on Thursday at the 58th FX auction and…
