Financial Institutions Suez Canal Insurance Eyes Paid-up Capital to EGP150mn in 3 Years Yomna Yasser Aug 14, 2014 0 Egypt's Suez Canal Insurance Company plans to boost its paid-up capital by 41 million Egyptian pounds in the coming…
Financial Institutions MetLife Alico Eyes Capital Increase to EGP70 mln in 2014 Yomna Yasser Nov 26, 2013 0 MetLife Alico (The Pharaonic American Life Insurance Company - Alico) is planning to pump EGP 10 million next…
Financial Institutions EFSA Approves Insurance Federation Of Egypt’s Statute Administrator May 28, 2013 0 The Egyptian Financial Supervisory Authority’s (EFSA) board of directors has approved the statute of the Insurance…
Financial Institutions IFE Not Notified Officially With New Bancassurance Regulations Administrator May 22, 2013 0 The Central Bank of Egypt (CBE) has not officially informed the Insurance Federation of Egypt (IFE) with the new…
Banks CBE Gives Banks 3-Month Reprieve To Comply With Bancassurance Regulations Administrator May 22, 2013 0 The Central Bank of Egypt (CBE) has brought new bancassurance regulations into effect so as to allow banks to offer…
Financial Institutions Misr Life Insurance Set To Launch Bancassurance Administrator May 2, 2013 0 Misr Life Insurance Company has announced that it is ready to launch bancassurance services in May and that it will…
Banks CBE’s Governor Announces Re-launch Of Bancassurance In May Administrator Apr 22, 2013 0 No intention to privatize banks in the near future The Central Bank of Egypt (CBE) has set the required regulations…
Financial Institutions Recovery Of Bancassurance Service Is Subject To CBE’s Approval Administrator Jul 14, 2012 0 Three insurance companies only were conducting bancassurance activity for more than five years in Egypt. Insurance…
Banks Lebanon’s Bank Audi Sells Stake In LIA To Saham Administrator Jun 28, 2012 0 Lebanon-based Bank Audi finalized its sale Wednesday of a majority stake in its LIA unit – an estimated over-$100…
Banks Commercial Bank International To Partner With Oman Insurance Company Administrator Jun 13, 2012 0 Commercial Bank International (CBI) has announced the launch of a strategic alliance with Oman Insurance Company to…