Banks Banque Misr: deposits jump to 440 billion Egyptian pounds in one year and half Yomna Yasser Dec 19, 2016 0 The deposits of Egypt’s second biggest bank, the state-owned Banque Misr have jumped to 440 billion Egyptian pounds…
Banks Egypt’s United Bank: bad loans edge higher on currency float move Yomna Yasser Dec 12, 2016 0 The state-run United Bank of Egypt’s portfolio of bad loans has surged to 3.5 billion Egyptian pounds ($191.2…
Banks Deposits at Egypt’s banks rise to 2.172 trillion pounds in August Yomna Yasser Nov 30, 2016 0 The total volume of deposits at banks operating in Egypt, aside from the central bank, have surged to 2.172…
Banks Egypt’s NBE bank: new high-yield deposit certificates attract 61,000 new clients Yomna Yasser Nov 30, 2016 0 The National Bank of Egypt’s high-yielding certificates of deposits, launched following Nov.3 currency floatation,…
Banks Bank Audi targets more than 20% growth in Egypt within 2017 Yomna Yasser Nov 28, 2016 0 Egypt’s eighth largest commercial bank, Bank Audi S.A.E., is targeting growth rates of more than 20 percent within…
Tech news Fawry collects social housing instalments from 170,000 customers in fortnight Ghada Ismail Nov 26, 2016 0 Fawry has recently taken part in collecting instalments for social housing unit deposits through the payment…
Egypt News Savings Fund deposits jump 14% in FY2015-16: Egypt’s CAPMAS Noha Gad Oct 8, 2016 0 Deposits in savings fund of Egypt's Postal Authority reached 100.6 billion Egyptian pounds (US$11.3 billion) in…
Banks Egypt’s Nasser Social Bank mulls launch of new savings certificates Yomna Yasser Sep 25, 2016 0 Egypt's Nasser Social Bank (NSB) is studying launching a three-year savings certificate for Egyptian pounds…
Banks Emirates NBD hopes to become among Egypt’s top five private banks in 4 yrs Yomna Yasser Sep 25, 2016 0 Emirates NBD says it is seeking to become one of the top five players in the Egyptian private banking sector within…
Banks Barclays H1 profit climbs 32% in Egypt Yomna Yasser Aug 30, 2016 0 Barclays PLC posted a 32 percent y-o-y higher profits in Egypt during the first half of the year, the Egyptian arm…