Egypt Leaves Interest Rates on Hold– CBE
Egypt's central bank kept its official interest rates on hold as expected at a monetary policy committee meeting on…
Browsing Tag
Banks news
Goldman Sachs Profit Hit by Lower Bond Trading Revenue
Goldman Sachs Group Inc (GS.N) reported a 21 percent drop in quarterly profit as revenue from fixed-income trading…
Egypt Due to Review Interest Rates Today – CBE
The Central Bank of Egypt (CBE) will be reviewing interest rates today amid expectations to keep them on hold. The…
IDWBE Cuts NPL Portfolio to EGP1.635 billion at 2013-end
The Industrial Development &Workers Bank of Egypt (IDWBE) had made settlements with defaulters amounting to EGP…
JPMorgan Profit Beats Estimates on Lower Costs, Provisions
JPMorgan Chase & Co reported a better-than-expected adjusted quarterly profit as the biggest U.S. bank kept a…
Fitch Revises Two Egyptian Banks’ Outlooks to Stable; Affirms at ‘B-‘
Fitch Ratings has affirmed National Bank of Egypt's (NBE), its wholly-owned subsidiary, National Bank of…
Barclays: Retail Lending in Egypt Surges to EGP3bn at 2013-end
According to initial indicators, Barclays Bank registered retail loans in Egypt amounting to EGP 3 billion at the…
Egyptian PBDAC Mulls Divesting Assets amid Capital Top-up Plans
Egypt's main agricultural bank - the Principal Bank for Development and Agriculture Credit (PBDAC) is planning this…
HSBC Egypt Upgrades its Call Centre System, Continues Investments in Technology
HSBC Bank Egypt has recently upgraded its Call Centre Interactive Voice Response System “IVR” with the latest…
Misr Iran Says Profits 54% up in 2013, Eyes 20% Growth in 2014
Misr Iran Development Bank (MIDB) revealed on Thursday a rise in net profits by 54% to EGP 333 million at the end…