National Bank For Development Changes Name To Abu Dhabi Islamic Bank-Egypt
The National Bank for Development has changed its name to Abu Dhabi Islamic Bank – Egypt on April 3rd, 2013. The…
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egyptian banks
Export Development Bank’s Net Profit Hit EGP 107.7 Mln At End-Q1 2013
The Export Development Bank of Egypt’s (EDBE) unconsolidated net profit rose 52.3% (EGP 36.9 million) to reach EGP…
Arab International Bank To Start Dealing In Egypt Pound In H2
The Arab International Bank (AIB) is in the final organizational stages to start conducting transactions in…
Bankers Differ On Morsi’s Visit To Brazil
Egyptian bankers have differed on the impact of the Egyptian President Mohamed Morsi’s visit to Brazil. Some have…
Banks Supply ATMs With More Funds In Easter Holiday
As banks in Egypt close their doors for four consecutive days from last Friday to Monday on the occasion of Easter…
HDB Sets Up Real Estate Development Company With LYD 10 Mln Capital
The Housing and Development Bank (HDB) has announced that it will establish a real estate and tourism development…
Abu Dhabi Islamic Bank – Egypt’s Deposits Grew 14.8% In Q1
Abu Dhabi Islamic Bank – Egypt’s deposit portfolio rose 14.8% (EGP 1.25 billion) in the first quarter of 2013 to…
Abu Dhabi Islamic Bank Egypt Raises Capital Adequacy Rate To 10.4%
Abu Dhabi Islamic Bank-Egypt’s (ADIB) capital adequacy rate rose to 10.4% to comply with Basel II standards. The…
Abu Dhabi Islamic Bank Egypt Achieves EGP 10.2 Mln Net Profit In Q1
Abu Dhabi Islamic Bank – Egypt achieved profitability in the first quarter of 2013 for the first time in its…
Suez Canal Bank Raises Net Income To EGP 440 Mln In 2012
Suez Canal Bank’s general assembly approved yesterday the financial statements for 2012 which reveal that the…