Banks Export Development Bank seeks to secure new loans of 2 bln pounds aya salah Feb 20, 2018 0 Export Development Bank of Egypt (EBE) seeks to increase its credit facilities and loans to 18 Egyptian pounds by…
Banks Egypt’s Faisal Islamic Bank posts 11.1% up in business volume at end-Jan. Yomna Yasser Feb 20, 2018 0 Faisal Islamic Bank of Egypt on Monday said that its business volume increased 11.1 percent by the end of…
Banks NBE stops issuing savings certificates with 20% annual return aya salah Feb 17, 2018 0 The National Bank of Egypt (NBE) announced that it stopped issuing its 18-month platinum savings certificate with…
Banks CBE lowers interest rates 1% as inflation tumbles aya salah Feb 17, 2018 0 The Central Bank of Egypt lowered interest rates 1% as the inflation rates keeps going downhill, for the first…
Banks NBE: assets surge to 1.1 trillion pounds by the end of FY 2016-2017 aya salah Feb 14, 2018 0 Egypt’s biggest lender, the state-owned National Bank of Egypt says assets have surged to around 1.364 trillion…
Banks Banque Misr receives 250 mln pounds from high-yielding certificates Yomna Yasser Feb 13, 2018 0 Banque Misr received 250 billion Egyptian pounds ($141 billion) from the high-yielding Talaat Harb certificates of…
Banks Remittances from Egyptian expats surge 29.3% in December 2017: CBE Yomna Yasser Feb 12, 2018 0 Remittances from Egyptians abroad increased by 29.3 percent year-on-year in December 2017 to $2.6 billion, up…
Banks Saudi Arabia, Egypt, Kuwait in talks to extend deposit maturity Yomna Yasser Feb 11, 2018 0 Egypt is negotiating with Saudi Arabia and Kuwait to extend the maturity of deposits for a new…
Banks NBE set to pump 250 mln pounds funds among CBE mortgage initiative aya salah Feb 8, 2018 0 The National Bank of Egypt, the oldest commercial lender in the country, has approved new funding of 250…
Banks Banque Du Caire to establish a leasing arm with capital of 500 mln pounds aya salah Feb 8, 2018 0 The Central Bank of Egypt has approved Banque du Caire’s plan to set up a financial leasing arm for the bank with…