Banks’ Securities Portfolios Drop EGP 6.2 Bln For 1st Time In 2 Years
The securities portfolio held by local banks registered a retreat of 1% (EGP 6.256 billion) for the first time in…
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egyptian banks
KIMA Negotiates With Arab Banks to Fund Its New Factory
The Egyptian Chemical Industries Company (KIMA), has started a series of negotiations and meetings with a number of…
Reducing Credit Concentration Risk A Must To Achieve Economic Growth: Mohy El-Din
Banks have to play many roles in the upcoming period so as to contribute to boosting economic growth, said Abdel…
Maintaining Banks’ Strength An Urge To Limit Economic Deterioration: Yasser Hassan
Maintaining the strength of the banking sector to be able to continue its role without being exposed to large risks…
EALB’s Investments In Govt. Debt Instruments Hit EGP 3.8 Bln
The Egyptian Arab Land Bank’s (EALB) investments in government debt instruments reached EGP 3.8 billion, said…
Misr Iran Bank’s Deposit Portfolio Hit EGP 6.4 Bln At End-March 2013
Misr Iran Development Bank’s deposit portfolio reached EGP 6.4 billion at the end of last March, compared to EGP…
Misr Iran Bank Q1 Net Profit Hit EGP 86 Mln
Misr Iran Development Bank’s net profit reached EGP 86 million at the end of Q1 of 2013, compared to EGP 80 million…
Barclays Bank Egypt’s Net Profit 301.8% Up
Barclays Bank Egypt achieved net profit of EGP 368.4 million as of the end of 2012, compared to EGP 91.6 million at…
Barclays Egypt Re-Launches Maadi Branch
Barclays Bank Egypt has re-inaugurated its branch in Maadi after purchasing a new land, expanding its area and…
Misr Iran’s Net Profit Hit EGP 215.4 Mln At End-2012
Misr Iran Development Bank’s standalone income statement that it achieved net profit of EGP 215.4 million at the…