CBE Rebuts Receiving Requests for Islamic Banking Licences
Egypt’s Central Bank has not received any recent requests from local banks for a licence to provide…
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Alex Bank Intesa Sanpaolo
Alex Bank Says Profits Hit EGP349 mln by H1/2013
Alex Bank Intesa Sanpaolo reported profits totaled EGP 349.3 million by the first half of 2013, compared to…
Alex Bank Mulls Contributing EGP 100 Mln To MAF Loan
Alex Bank Intesa Sanpaolo considers contributing EGP 100 million to the EGP 3 billion loan arranged for Majid Al…
Alex Bank To Join 3 Banks In Financing Franchise Enterprises
Alex Bank Intesa Sanpaolo plans to join the National Bank of Egypt (NBE), Bank Audi Egypt and Industrial…
Alex Bank Develops 12 Branches, Asks For Islamic Banking License
Alex Bank Intesa Sanpaolo targets to upgrade 12 branches out of its 200 ones in 2013. The bank has not asked the…
Alex Bank’s Auto Loans Hit EGP 1.5 Bln At End-April
Alex Bank Intesa Sanpaolo’s auto loan portfolio reached EGP 1.5 billion at the end of last April, accounting for…
Alex Bank Raises Funds With ATMs In Industrial Areas In Easter Holiday
Alex Bank Intesa Sanpaolo supplies its ATMs with more funds during public holidays and days off especially in…
Alex Bank To Raise Retail Finances By EGP 250 Mln In 2013
Alex Bank Intesa Sanpaolo targets to increase retail finances by EGP 250 million by the end of 2013, Bassel Rahmy,…
Four Lenders Finance White Taxi Phase III With EGP 450 Mln
The National Bank of Egypt (NBE), Banque Misr, Alex Bank Intesa Sanpaolo and Nasser Social Bank plan to finance the…
Four Banks Raise Interest Rate On White Taxi Loans To 13.5%
The National Bank of Egypt (NBE), Banque Misr, Alex Bank Intesa Sanpaolo and Nasser Social Bank have raised…
