14 banks among Egypt’s top taxpayers for this season: tax authority
For the current tax season 2015/2016, 14 banks came among Egypt’s top taxpayers, Osama Tawakol, head of the Large…
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egyptian banks
Fitch: currency devaluation ‘moderately positive’ for Egyptian banks in long term
The recent devaluation of the Egyptian pound against the US dollar will likely be supportive of foreign currency…
The Banker lists 16 Egyptian banks on Top 100 African Banks
The Banker, a Financial Times publication, has featured 16 Egyptian lenders in its 2016 ranking of Top 100 African…
Ten Egyptian banks sign $1.2bn loan deal for Siemens power plants
A group of 10 major banks has signed one of the biggest financing deals in Egypt’s energy sector, amounting to 10…
Egyptian banks to finance new Siemens power plants with LE10 bln
The Egyptian Electricity Holding Company will sign Sunday a LE10 billion ($1.2 billion) loan contract with a group…
Three key Egyptian banks negotiating AfDB for SME finances
Three major Egyptian banks, the National Bank of Egypt, Commercial International Bank, and Banque Du Caire are…
S&P cuts its outlook on 3 Egyptian banks from ‘positive’ to ‘stable’
Standard & Poor's (S&P) Ratings Services has revised Tuesday its outlook on the Commercial International…
Moody’s: New funding for SME lending to diversify Egyptian banks’ revenues
The global rating agency Moody's stated Monday that the Egyptian banks have recently been receiving larger amounts…
Moody’s assigns Counterparty Risk Assessments to five Egyptian Banks
Moody's Investors Service assigned Tuesday counterparty risk assessments (CR Assessments) to five Egyptian banks.…
Egypt Banks saw Cash Inflows of over $400 mln in a Week: CBE Governor
Over $400 million were sold to Egyptian banks in cash last week, announced the governor of the Central Bank of…
