AUB’s Alpha Fund Ends Undersubscribed
Ahli United Bank’s Alpha Fund ended yesterday undersubscribed as it had not met the initial capital of EGP 25…
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egyptian banks
Union National Bank-Egypt’s Retail Loans Hit EGP 704.4 Mln At End-2012
Union National Bank-Egypt’s retail loan portfolio surged 49.8% (EGP 234.3 million) to reach EGP 704.4 million at…
Union National Bank – Egypt To Discuss Conducting Islamic Banking Transactions In March
Union National Bank – Egypt’s ordinary general assembly will be held on March 30th. After receiving an approval…
Union National Bank – Egypt’s Net Profit Hit EGP 32.7 Mln In 2012
Union National Bank – Egypt achieved post-tax net profit of EGP 32.7 million at the end of 2012, compared to EGP…
Banque Misr To Approve FY 2011/2012 Budget Next Sunday
Banque Misr will hold its general assembly meeting next Sunday to approve its budget for FY 2011/2012 that ended on…
SAIB Distributes US$12.375 Mln To Shareholders
Société Arabe Internationale de Banque’s (SAIB) Ordinary General Assembly approved to distribute US$ 12.375 million…
Crédit Agricole Egypt’s Net Profit Hit EGP 472.3 Mln At End-2012
Crédit Agricole Egypt achieved net profit of EGP 472.3 million at the end of 2012, compared to EGP 308 million at…
CBE Gives Banks Reprieve To Implement Basel II Standards Till End-March
The Central Bank of Egypt (CBE) has granted private banks a reprieve till the end of next March to fully implement…
Crédit Agricole Egypt’s Assets Rose To EGP 28 Bln At End-2012
Crédit Agricole Egypt’s assets surged EGP 2.441 billion (9.5%) to reach EGP 28.081 billion at the end of last…
Federation Of Egyptian Banks To Elect New Chairman Next March
The Federation of Egyptian Banks (FEB) will elect a new chairman in its general assembly meeting next March,…