Securities Held By Banks Registered EGP 538 Bln In May 2012
The portfolios of securities held by banks in Egypt (excluding the Central Bank of Egypt) rose by EGP 63.8 billion…
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egyptian banks
Foreign Investments In T-Bills Down To Lowest Level In May 2012
Foreign Investments in treasury bills issued by the Central Bank of Egypt (CBE) retreated to EGP 755 million at the…
CBE: Domestic Credit Up To EGP 1.05 Trillion In May 2012
The domestic credit in Egypt rose by 18.1% during 11 months, registering EGP 1.05 trillion last May, up from EGP…
CBE: Banks Offered EGP 499 Bln Loans By End Of May 2012
The value of loans offered by the banking sector in Egypt for the period from the beginning of July 2011 to May…
CBE: Banks’ NPL Ratio Down To 10.7% In Q1 2012
The Central Bank of Egypt (CBE) has issued a report that revealed that the ratio of non-performing loans accounted…
NBE, Banque Misr Invite Banks To Contribute To Power Plant Loan
The National Bank of Egypt (NBE) and Banque Misr have started inviting banks to contribute to the long-term…
IDBE’s Profit Hit EGP 31 Mln In July 2012
The Industrial Development and Workers Bank of Egypt achieved profit of EGP 3 million at the end of July, raising…
CBE Sells EGP 5.5 Bln T-Bills
The Central Bank of Egypt (CBE) said yields rose at an auction of treasury bills on Thursday, with the government…
High Return On T-Bills Improves Banks’ Profits in H1: Bankers
The financial statements of a number of banks showed a relevant increase in the first half of 2012, marking the…
Industrial Development Bank Promotes 500 Employees
The Industrial Development and Workers Bank of Egypt (IDBE) will promote 500 employees out of 1100, the total …
