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…
Intesa Sanpaolo Named Best Bank In Italy By Global Finance
Intesa Sanpaolo has been awarded by the American magazine GLOBAL FINANCE as “Best Bank in Italy” in the category…
Metropolitan Consulting Settles A Customer’s Debt To Alex Bank
Metropolitan Consulting has successfully reached an agreement with Alex Bank Intesa Sanpaolo to settle the debts of…
Alex Bank, NSGB, Bank Audi, EGB To Contribute To MAF Loan
Alex Bank Intesa Sanpaolo, National Société Générale Bank (NSGB), Bank Audi Egypt and Egyptian Gulf Bank (EGB)…
Four Banks, Finance Ministry, Traffic Police To Discuss White Taxi Project Next Tuesday
Four banks, financing the third phase of white taxi project, will hold a meeting with the Ministry of Finance and…
Alex Bank Sale Lawsuit Delayed To April 15th
The State Commissioners Authority at the Administrative Court postponed the lawsuit raised to nullify the sale of…
Alex Bank’s SME Finances Hit EGP 1.2 Bln In November
Alex Bank Intesa Sanpaolo’s portfolio of finances offered to small and medium enterprises (SMEs) surged by 17.2% to…
Alex Bank’s Micro-Enterprise Finance Hits 110 Mln In September
Alex Bank Intesa Sanpaolo’s micro-enterprise finance portfolio reached EGP 110 million at the end of last…
Alex Bank Sale Lawsuit Adjourned To December 17th
The State Commissioners Authority at the Administrative Court postponed the case raised for nullifying the sale of…
Alex Bank Celebrates Customer Satisfaction Day
Alex Bank has celebrated today the customer satisfaction day for the second year in its branches, administrations…
Alex Bank Eyes 15% Growth In SMEs Portfolio By H2 2012
Alex Bank-Intesa Sanpaolo targets to increase SMEs loans portfolio by 15% in the second half of the current year,…
Alex Bank: Deposits Rose To EGP 31.5 Bln At Mid 2012
Alex Bank- Intesa Sanpaolo said the value of deposits surged by EGP 200 million, registering EGP 31.5 billion at…
Alex Bank: Loans Portfolio Stood At EGP 20.6 Bln In June 2012
Alex Bank- Intesa Sanpaolo said its loans portfolio registered EGP 20.62 billion at the end of last June, up from…
Four Egyptian Banks Disbursed Over 400,000 Yellow Remittances
National Bank of Egypt (NBE), Banque Misr, Alex Bank Intesa Sanpaolo and Arab African International Bank disbursed…