Banks AUB Reduces Returns on 3, 5-Yr Certificates Of Deposit To 11.5%, 11.25% Administrator May 20, 2012 0 Ahli United Bank (AUB) decided to reduce the quarterly return and half-annual return on its 3-year certificates of…
Banks IDBE To Sign EGP 25 Mln Contract With SFD Administrator May 20, 2012 0 Industrial Development and Workers Bank of Egypt (IDBE) intends to sign a new contract with Social Fund for…
Banks NBE Awarded “Best Retail Bank In Africa” Administrator May 19, 2012 0 The National Bank of Egypt (NBE) received the “Best Retail Bank Award” in Africa by the Asian Banker. The…
Banks NBD & Bank Audi Arrange EGP 688 Mln Loan To Egyptian Company For Phosphate Administrator May 19, 2012 0 A consortium of National Bank for Development (NBD) and Bank Audi has finalized signing the second Islamic…
Banks Foreign Direct Investments Registered A Negative Value of US$ 858 Mln Administrator May 19, 2012 0 Central Bank of Egypt (CBE) said net foreign direct investments registered a negative value of US$ 858.2 million by…
Banks EDBE’s Loans Portfolio Registers EGP 6.2 Bln In Q1 Administrator May 16, 2012 0 Loans credit facilities portfolio of Export Development Bank retreated 3%, or EGP 194.3 million, totaling to EGP…
Banks Alex Bank Injects EGP 200 Mln To SMEs Loans Portfolio Administrator May 15, 2012 0 Alex Bank targets to expand in financing Small and medium enterprises through injecting EGP 200 million to its SMEs…
Banks Ozalp: Revolution’s Implications Proved The Strength of Egyptian Banking System Administrator May 14, 2012 0 Mohamed Ozalp, Managing Director of BLOM Bank Egypt, affirmed that the turmoil that followed last year’s 25th…
Banks CI Capital Upgrades Credit Agricole Egypt To “Hold” Administrator May 14, 2012 0 Credit Agricole Egypt's quarterly profit got a boost from a rise in the bank's net interest income, and beat the…
Banks Credit Agricole Egypt Q1 Net Profit Posts EGP 126,970 Administrator May 13, 2012 0 Credit Agricole Egypt - (CIEB) reported consolidated financial results posting a net profit of EGP 126,970 for the…