Banks CBE To Offer EGP 3 Bln Reopened Bonds Administrator Jul 2, 2012 0 The Central Bank of Egypt (CBE) will offer EGP 3 billion ($495 million) in reopened five-year and ten-year bonds at…
Banks BDAC Launches Micro Finance Service In Minya, Sharkia Administrator Jul 2, 2012 0 The Bank for Development and Agricultural Credit (BDAC) said its micro-finances will be offered to more…
Banks Banque Misr Raises Capital To Comply With Basel II, Offer Larger Finances: Experts Administrator Jul 2, 2012 0 Bankers welcomed the move taken by Banque Misr to increase its capital by EGP 6.3 billion to reach EGP 11.3…
Banks Banque Misr Receives EGP 6.3 Bln Capital Injection Administrator Jul 2, 2012 0 The Egyptian government has decided to provide Banque Misr with EGP 6.3 billion (US$1.04 billion) in capital…
Financial Institutions Misr Iran Bank’s Deposits Fell To EGP 5 Bln Administrator Jul 1, 2012 0 Misr Iran Bank has continued to lose its deposits as they fell by EGP one billion to register EGP 5 billion in the…
Banks IDBE Settles EGP 425 Mln Bad Debts For 80 Customers Administrator Jul 1, 2012 0 Industrial Development and Workers Bank of Egypt has settled EGP 425 million worth of debts for 80 ailing customers…
Banks Export Development Bank’s Investments Down To EGP 551.3 Mln Administrator Jun 28, 2012 0 The Export Development Bank of Egypt (EDBE)’s investments in subsidiary and affiliated companies retreated to EGP…
Banks CBE: Money Supply Rose 7.4% Yr/Yr In May Administrator Jun 28, 2012 0 The Central Bank of Egypt (CBE) said on Thursday the M2 money supply rose 7.4% in the year to the end of May. Money…
Banks IDBE’s Budget Posts EGP 30 Mln Profit In FY 2011/12 Administrator Jun 28, 2012 0 The Industrial Development and Workers Bank of Egypt is finalizing the budget of the current fiscal year to be…