Banks S. Korea’s average deposit rates slightly fall in July ’25 Nada Ali Aug 28, 2025 0 South Korea’s average interest rate on new deposits fell to 2.51 per cent in July 2025, down 4 basis points from…
Featured S. Korea’s FX reserves hit $415.6b in Dec ’24 Aya Anwar Jan 6, 2025 0 South Korea's official foreign reserves totaled $415.6 billion at the end of December 2024, reflecting a slight…
Banks Egypt’s c. bank offers fixed-rate EGP 150 bln deposits Nada Ali Mar 5, 2024 0 The Central Bank of Egypt (CBE) offers on Tuesday a fixed-rate deposits of 21.75 per cent for seven days’ worth 150…
Egypt News Egypt’s c. bank offers fixed-rate deposits of EGP 150 bln Nada Ali Feb 20, 2024 0 The Central Bank of Egypt (CBE) offers on Tuesday a fixed-rate deposits for a period of seven days, worth 150…
Money Saudi Arabia, UAE, Qatar deposit $13 billion in Egypt’s central bank – report Amwal Al Ghad English Aug 28, 2022 0 Saudi Arabia, UAE, and Qatar deposited $13 billion with Egypt’s central bank during the first quarter of the year,…
Money Egypt’s Commercial International Bank net profit surges 22% in H1, 24% in Q2 Amwal Al Ghad English Jul 13, 2021 0 Commercial International Bank (CIB), one of Egypt’s largest private banks, revealed on Tuesday its financial…
Money Egypt banks have EGP 4 trillion worth of ‘not fully utilised’ deposits, savings – official Amwal Al Ghad English May 6, 2020 0 Egyptian banking sector has a total of 4 trillion Egyptian pounds ($253.9 billion) in deposits and savings, which…
Money Egypt’s c.bank instructs lenders to put limits on withdrawals, deposits Amwal Al Ghad English Mar 29, 2020 0 The Central Bank of Egypt (CBE) said on Sunday it has instructed banks to put limits on daily withdrawals and…
Money National Bank of Egypt eyes more loans, deposits, profitability by June 2020 Ahmed Ali Jul 4, 2019 0 National Bank of Egypt, the country’s largest bank by assets, says it targets 15-20 percent growth in loans,…
Banks Egypt’s CBE governor: funds to be increased to $57bn Ahmed Ali Feb 17, 2019 0 Central Bank of Egypt (CBE) plans for the banks operating in the country to increase funds to 1 trillion Egyptian…
Financial Institutions Egypt’s foreign currency reserves rise $42.6bn at 2018-end Amwal Al Ghad English Jan 21, 2019 0 Egypt’s foreign currency reserves increased to $42.6 billion at the end of 2018, the highest level in years, the…
Featured Egypt’s domestic liquidity rises 3.2% in three months: c.bank Amwal Al Ghad English Dec 29, 2018 0 Egypt's domestic liquidity jumped 3.2 percent to 3.563 trillion pounds during the July-October 2018 period of the…
Money Egypt deposits $199.5 billion in banks in FY2017/18 – c.bank Amwal Al Ghad English Nov 25, 2018 0 Egyptians deposited around 3.569 trillion Egyptian pounds ($199.5 billion) in the local banking system in financial…
Featured Egyptian Banks’ deposits rise to 3.606 trillion pounds in August Amwal Al Ghad English Oct 28, 2018 0 A recent report by the Central Bank of Egypt (CBE) showed that deposits in the banking sector rose slightly at the…
Banks Egyptian bank deposits rise 6.2% in five months – CBE Ahmed Ali Aug 19, 2018 0 Egyptian bank deposits rose 6.2 percent in the first five months of the year to 3.536 trillion Egyptian pounds…
Banks Banque Misr seeks deposits growth by 20% in financial year 2018-19 Ahmed Ali Jul 30, 2018 0 Banque Misr, Egypt’s second largest state-run bank, seeks a 20 percent rise in its customers’ deposits to hit 803…
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…
Arab Annual earnings boost Qatar, rest of Gulf sluggish Yomna Yasser Jan 24, 2018 0 Corporate earnings and dividend news boosted Qatar’s stock market early on Wednesday by suggesting the economy is…
Banks Egypt’s M2 money supply up 40.48% year-on year in October: CBE Yomna Yasser Nov 30, 2017 0 Egypt's M2 money supply was up 40.48 percent at the end of October from a year earlier, central bank data showed on…
Banks Crédit Agricole: 9-month standalone net profit rose 54% in Egypt Yomna Yasser Nov 16, 2017 0 Crédit Agricole SA says nine-month standalone net profit in Egypt grew 54.09 percent from a year ago, recording 1.5…
Banks Deposits at Egypt banks hit new high at August-end Yomna Yasser Nov 15, 2017 0 Deposits at banks operating in Egypt hit new record, rising to 3.124 trillion Egyptian pounds ($177 billion) at the…
Banks Qatar’s deposit outflows slow in September as sanctions impact starts to fade Yomna Yasser Oct 24, 2017 0 Outflows of deposits from Qatar’s banking system slowed during September as the impact of sanctions imposed by…
Banks National Bank of Egypt deposits hike in August since pound float Yomna Yasser Oct 17, 2017 0 National Bank of Egypt (NBE), the country's largest state bank, deposits rose in August to around 874 billion…
Banks Egypt’s Amer: Saudi Arabia, UAE extend maturities of $4 bln deposits due in 2018 Yomna Yasser Oct 16, 2017 0 Saudi Arabia and the United Arab Emirates have agreed to extend the maturity of $4 billion worth of deposits they…
EGX Cairo stock market cap jumps 3%, EGX 30 dips in week Yomna Yasser Oct 5, 2017 0 Egypt’s stock benchmark finished in the red on Wednesday, posting a slight week declines, driven by the central…
Banks Egypt CBE increases reserve requirement on deposits by 14% Yomna Yasser Oct 4, 2017 0 The Central Bank of Egypt (CBE) said on Tuesday it is increasing the reserve requirement on deposits from ten…
Banks Ahli United Bank investments in Egypt debt fall to 6.250 bln pounds in six months Yomna Yasser Sep 7, 2017 0 Ahli United Bank – Egypt, part of Bahraini Ahli United Bank, says its investments in domestic debt instruments…
Banks Egyptian Arab Land Bank seeks higher deposits this year Yomna Yasser Sep 6, 2017 0 State-owned Egyptian Arab Land Bank (EALB) is seeking higher deposits by 10 percent for the current financial year,…
Banks SAIB-Egypt bank H1 profits fall 24% Yomna Yasser Aug 20, 2017 0 Egypt’s Societe Arab Internationale de Banque (SAIB) reported a 24 percent fall in its first half profits between…
Banks National Bank of Kuwait H1 profits rise 78.4% in Egypt Yomna Yasser Jul 23, 2017 0 The National Bank of Kuwait (NBK), the Gulf state’s largest commercial lender, reported Sunday a 78.4 percent rise…
Banks Deposits at Egypt banks fall for first time since September 2014 Yomna Yasser Jun 10, 2017 0 The total volume of deposits at banks operating in Egypt fell for the first time since September 2014, to record…
Banks Egypt’s Industrial Development Bank posts 100 mln pounds-net profits in 4 months nada nasser May 14, 2017 0 Industrial Development and Workers Bank of Egypt (IDWBE) has achieved net profits worth 100 million Egyptian pounds…
Real Estate MNHD posts 2bn Egyptian pounds-sales during Q1 of 2017 Yomna Yasser Apr 2, 2017 0 Egypt’s Madinet Nasr for Housing and Development (MNHD) has achieved sales of two billion Egyptian pounds during…
Banks Gulf deposits to Egypt sharply fall to $2 bln in 2016: official Yomna Yasser Mar 27, 2017 0 Deposits from the Gulf to Egypt’s central bank (CBE) have fallen to record $2 billion during 2016, from $31 billion…
Banks Lebanon’s Blom Bank: 2016 profits rise 44.9% in Egypt Yomna Yasser Mar 26, 2017 0 Blom Bank Egypt, the Egyptian arm of Lebanon’s bank Blom, says profits have risen 44.9 percent to record 539…
Banks Deposits at Egypt banks rise 22.04% in November after pound float Yomna Yasser Mar 18, 2017 0 The total volume of deposits at banks operating in Egypt hiked to 2.714 trillion Egyptian pounds ($150.3 billion)…
Banks Housing and Development Bank posts 644 mln pounds net profit by end-2016 nada nasser Mar 12, 2017 0 Egypt's state-run Housing and Development Bank (HDB) said Thursday net profit rose to 644.161 million Egyptian…
Banks HSBC says 2016 pre-tax profit rises 10.7% in Egypt Yomna Yasser Feb 21, 2017 0 HSBC plc says profit before tax in Egypt has surged 10.7 percent to record $454 million equivalent to 7.2 billion…
Banks Crédit Agricole 2016 net profit after tax climbs 32% in Egypt Yomna Yasser Feb 20, 2017 0 Crédit Agricole SA says net profit after tax in Egypt for 2016 rose 32 percent y-o-y to record 1.37 billion…
Banks Deposits at Egypt’s banks surge to 2.224 trillion pounds in October Yomna Yasser Feb 1, 2017 0 The total volume of deposits at banks operating in Egypt, aside from the central bank, rose to 2.224 trillion…