Industrial Development Bank’s Retail Portfolio Up To EGP 95 Mln
The Industrial Development and Workers Bank of Egypt’s retail banking portfolio surged to EGP 95 million at the end…
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NBE’s Islamic Units Have Loan-To-Deposit Ratio Of 30%
The National Bank of Egypt’s (NBE) Islamic deposits reached EGP 700 million, while Islamic finances registered EGP…
NBE Seeks Approval To Launch Musharaka Mutanaqisa
The National Bank of Egypt (NBE) has submitted a request to the Central bank of Egypt (CBE) in order to provide the…
Industrial Development Bank’s SME Finance Portfolio Up EGP 170 Mln
The Industrial Development and Workers Bank of Egypt’s SME finance portfolio surged by EGP 170 million, registering…
Debt Settlement Talks Frozen As Arco Steel’s Workers Stage Sit-In
The debt settlement negotiations being conducted by the National Bank of Egypt (NBE) with the Arab Company for…
NSGB Seeks To Acquire NBE’s Equity In SOGELEASE
National Société Générale Bank (NSGB) is in talks with the National Bank of Egypt (NBE) to acquire the latter’s…
Talaat Moustafa Group In Talks With AAIB Over EGP 1.2 Bln Loan
The Talaat Moustafa Group (TMG) Holding is conducting negotiations with a number of banks to receive a long-term…
HSBC Vows To Strengthen Money-Laundering Controls
HSBC’s Retail Banking and Wealth Management Units work in compliance with the international supervisory and…
HSBC Has Expansion Plans In Egypt: Francesca McDonagh
Francesca McDonagh, HSBC’s Regional Head of Retail Banking and Wealth Management for the Middle East and North…
EALB Settled EGP 280 Bad Debts In July, August
The Egyptian Arab Land Bank (EALB) settled non-performing loans worth EGP 280 million during July and August with a…