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Banks
CBE Egypt: Banks Own CAR complies with Basel II
Central Bank of Egypt’s (CBE) Deputy Governor for control and supervision affairs, Tareq Al Faid , has asseted that…
AAIB Egypt Achieves $ 37 Mln – Q1
The Arab African International Bank (AAIB) has achieved net profit increase worth $ 1.9 million with growth rate…
Egypt Central Bank Offers US$ 40 Mln at FX Auction Todayy
Central Bank of Egypt (CBE) has offered on Wednesday US$ 40 million to local banks at its 64th auction and the 48th…
IMF: France Needs More Economic Reforms to Keep Up
The International Monetary Fund has lowered its growth projections for France and says the country needs more…
Egypt’s Central Bank Seeks EGP6 Bln At Deposit Auction
At its 10th deposit auction, Egypt’s Central Bank (CBE) is seeking to obtain deposits of EGP 6 billion from local…
EDBE Eyes EGP 7.7 Bln Loan Portfolio By FY13/14-End
Export Development Bank of Egypt (EDBE) said on Tuesday it is targeting EGP 7.7 billion loan portfolio and…
HSBC Sued In New York Over Foreclosures: Reports
HSBC Holdings PLC UK:HSBA +1.27% HBC +1.53% HK:5 +0.76% is being sued by New York Attorney…
NBE to Obtain US$ 100 Mln from EBRD Soon
Soha Soliman, Head of Small and Medium Enterprises at National Bank of Egypt, said the NBE is about to obtain a…
Egypt’s Finance Offers T- Bonds worth EGP 2 bln Today
The Egyptian Ministry of Finance is issuing 3-, and 7-year treasury bonds worth EGP 2 billion in an auction on…
NBE Pumped EGP 10 Bln For SMEs in 3 Years
National Bank of Egypt (NBE) has injected EGP 8.9 billion to finance the Small and Medium Enterprises over the last…