HSBC Egypt Attains 70% Growth in Net Profit in Q1
HSBC Egypt published its first quarter results on Tuesday showing a surge in net profit by 70.5% year-on-year to…
Browsing Tag
Banks news
Faisal Islamic Bank Takes Part in CBE’s Mortgage Funding Initiative
Faisal Islamic Bank of Egypt decided to take part in the Central Bank of Egypt’s mortgage finance initiative.…
Egypt’s Adly Mansour Approves EBRD’s $190 million Loan for Two Power Plants
Egypt's interim President Adly Mansour approved on Sunday the $190 million loan agreement recently signed between…
Barclays Egypt Achieves Net Profit Worth $131.8 million in Q1
Barclays reported a net profit in Egypt's market amounting to 131.881 million Egyptian pounds (US$18.5 million) for…
IDWBE Inks EGP250mn Protocol Today to Utilize Central Bank’s Housing Initiative
An EGP 250 million protocol cooperation will be signed today between the the Industrial Development and Workers…
Banque Du Caire Eyes EGP1.25 Billion Microfinances within 2014
Banque Du Caire S.A.E. targets pumping new financing worth over EGP 1.250 billion in microprojects sector within…
Banque Du Caire Grants EGP512.6 million Letters of Credit by April-end
Banque Du Cairo's grants for the country's sectors in forms of letters of credit (L/Cs) hit EGP 512 million by the…
EIB Contributes €163 million to Sanitation Services in Egypt’s Kafr el-Sheikh
Egypt is due to sign a €163 million umbrella loan agreement with the European Investment Bank (EIB) to finance…
National Bank of Egypt Contributes $5 million to Grand Egyptian Museum
The state-owned National Bank of Egypt is allocating $5 million for the Grand Egyptian Museum Project, to finance…
ALEXBANK appoints new Chief Executive Officer
ALEXBANK, a subsidiary of the Intesa Sanpaolo Group, announced in a press release on Sunday the appointment of…