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Banks
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…
NBE Negotiates With SFD To Secure EGP 90 Mln For NGOs
The National Bank of Egypt (CBE) is in talks with the Social Fund for Development (SFD) to receive EGP 90 million…
SFD Cooperates With 3 Banks To Finance Franchise Projects
The Social Fund for Development (SFD) aims at financing 500 projects through the franchise finance gateway which…
CIB Approves Q1 2013 Financial Results Today
The Commercial International Bank’s (CIB) board of directors meets on Wednesday to approve the financial statements…
NBE’s Credit Card Holders Allowed To Buy Samsung Products In Installments
The National Bank of Egypt (NBE) signed a protocol of cooperation with Samsung Electronics to enable the holders of…