AAIB: NPLs Stood At 1.5% At H1 2012
The Arab African International Bank (AAIB) said the non-performing loans portfolio accounted for 1.5% of the total…
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egyptian banks
Al Baraka Islamic Bank To Sign Islamic Finance Contract Worth EGP 200 Mln With SFD
Al Baraka Islamic Bank plans to sign a sharia-compliant finance contract worth EGP 200 million with the Social Fund…
NBE, Banque Misr To Acquire Ruling Share In Two Factories
The National Bank of Egypt (NBE) and Banque Misr will acquire a ruling share in two factories for food industries…
NBE To Settle EGP 500 Mln Bad Debt Owed By Abdel Wahab Kouta
The National Bank of Egypt (NBE) has given an initial approval over the settlement plan proposed by the ailing…
Banque Misr To Approve Estimated Budget For FY 2012/13 Next Sunday
Banque Misr is set to hold its Ordinary General Assembly next Sunday to approve the estimated budget of FY…
Egyptians’ Remittances Stood At US$ 12.9 Bln In Nine Months
The remittances of Egyptians abroad witnessed an increase of US$ 3.819 billion, or 42%, totaling to US$ 12.9…
United Bank Considers Contributing With EGP 25 Mln To East Delta Loan
The United Bank has given a preliminary approval to contribute to the loan worth US$ 120 million arranged by the…
CBE: External Debt Per Capita Stood At US$ 379 In Q3
The Central Bank of Egypt (CBE) said the external debt per capita registered US$ 378.8 (=EGP 2292) at the end of Q3…
NBD Secures Banks’ Approvals Over Contribution To East Delta Loan
Al Baraka Bank, Faisal Islamic Bank, United Bank, Bank Audi and Banque Misr are among 10 banks that approved to…
CBE: GDP Rose By 1.9% In Nine Months
The Egyptian Gross Domestic Product (GDP) witnessed an increase of 1.9% in the first nine months of FY 2011/2012,…
