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Banks
NBE In Talks With FinMin, E-Finance To Collect Customs Duties Electronically
The National Bank of Egypt currently conducts negotiations with the Ministry of Finance and E-Finance to collect…
Industrial Development Bank Decides Upon Financing 45,000 Bakeries In 2 Weeks
The Industrial Development and Workers Bank of Egypt has met with officials of the Ministry of Supply to discuss…
Egypt’s Central Bank Accepts EGP 13 Bln At 5th Deposit Auction
The Central Bank of Egypt (CBE) has accepted EGP 13 billion worth of seven-day deposits at a fixed interest rate of…
HSBC Says Q1 Profits Jump To $8.4 Bln As Bad Debts Drop
HSBC said its first quarter profits almost doubled from a year ago to more than $8 billion as bad debts and costs…
Misr Insurance’s Motor Premiums Expected To Hit EGP 241 Mln By End-June
Misr Insurance Company’s motor insurance premiums are expected to reach EGP 241 million by the end of next June,…
Bankers Differ On Morsi’s Visit To Brazil
Egyptian bankers have differed on the impact of the Egyptian President Mohamed Morsi’s visit to Brazil. Some have…
Ahli United Bank Contributes EGP 200 Mln To Mobinil Loan
Ahli United Bank has approved to contribute EGP 200 million to the EGP 2.9 billion loan arranged for the Egyptian…
Bank Nizwa May Be Included In MSM30 Index
Bank Nizwa is likely to be included in the MSM 30 Index — the barometer of the market movement, as the liquidity in…
Noor Islamic Bank Wins Best Corporate Account Award 2013
Noor Islamic Bank announced on Sunday that it has won the "Best Corporate Account" award for its " Noor High…
QNB World’s Strongest Bank: Bloomberg
Qatar National Bank ( QNB ) has emerged as the 'world's strongest bank' in the recently released Bloomberg's…