Egypt’s Industrial Development Bank posts 100 mln pounds-net profits in 4 months
Industrial Development and Workers Bank of Egypt (IDWBE) has achieved net profits worth 100 million Egyptian pounds…
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Toshiba to seek loan support from creditor banks Tuesday: sources
Toshiba Corp will meet creditor banks on Tuesday to ask them to accept as collateral shares in its memory chip unit…
Bank Audi Egypt to increase 4.5bn pounds-loan portfolio by end-2017
Bank Audi Egypt is planning to increase its loan portfolio volume to 4.5 billion Egyptian pounds ($249.2 million)…
Afreximbank secures $1 billion facility for Egyptian institutions
The African Export-Import Bank (Afreximbank) has secured more than $1 billion worth of indirect credit facilities…
Egypt’s NBE bank FY2015/16 pre-tax profits surge 88%
Egypt’s biggest lender, the state-owned National Bank of Egypt (NBE) reported Sunday an 88 percent rise in annual…
Afreximbank considers new loans to Egypt
The African Export-Import Bank (Afreximbank) is studying a number of loans for Egyptian investors as well as banks…
HSBC says 2016 pre-tax profit rises 10.7% in Egypt
HSBC plc says profit before tax in Egypt has surged 10.7 percent to record $454 million equivalent to 7.2 billion…
Crédit Agricole 2016 net profit after tax climbs 32% in Egypt
Crédit Agricole SA says net profit after tax in Egypt for 2016 rose 32 percent y-o-y to record 1.37 billion…
Dollar climbs on bargain hunting after Trump takes aim at US trade partners
Dollar rose against a basket of major peers on Wednesday as bargain hunters stepped in after it slid overnight to a…
Bank Audi Egypt: 9-month net profit hits 619.3 million pounds
Egypt’s eighth largest commercial bank, Bank Audi S.A.E., has registered nine-month net profit of 619.3 million…
