Bloomberg: Egyptian banks bore the brunt of outflows in replay of 2018 exodus
Egypt’s commercial banks provided dollars to investors in March, helping keep the Egyptian pound currency stable…
Browsing Tag
Egypt’s banks
Egypt’s June loans rise to 1.418 trillion pounds – c.bank
Egypt’s banks extended more loans in June than in the previous month, recording 1.41 trillion Egyptian pounds…
EXCLUSIVE: Egypt’s banks raise $7 billion since pound float move – CBE chief
Egypt’s local lenders have collected between $6.5 billion and $7 billion since Nov.3 decision to liberalise…
Egypt’s Banks Public Sector Hit EGP164.3b T-Bills Investments
The total financial institutions investments of treasury bills boosted EGP2 billion in February 2014 to reach up…
Industrial Development Bank Cuts EGP 1.661 Bln of NPL Portfolio
The industrial Development and workers bank of Egypt (IDBE) has cut EGP 1.661 billion from the…
Egypt Plans To Impose Tax On Bank Loans
Egypt will impose a tax of 0.001 percent on bank credit, loans and advances, according to a law approved in…
Egypt’s Banks Announce Working Hours During Ramadan
During the month of Ramadan the working day for clients in Egypt’s banks will end at 1.30pm rather than the usual…
A Communiqué Accuses CBE’s Officials Of Squandering Public Fund
Eng. Amr Ahmed Moussa- director general of information technology internal audit and payment systems in Central…
Alexbank Offers EGP 257 million To Small Enterprises By 2012
Alex Bank plans to increase its loans to small enterprises by 25% to reach EGP 257 million by the end of 2012,…
