NBE, EBRD ink $100m MSME financing pact as bank’s new VP visits Cairo
The National Bank of Egypt (NBE) signed Monday a $100 million financing agreement with the European Bank for…
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Mohamed El Etreby
Egypt banking operations back to normal after disruption
Egyptian banks will continue normal operations on Tuesday despite the disruption to telecom services caused by a…
Egypt’s UHIA signs protocol with FEB to expand coverage
Egypt's Universal Health Insurance Authority (UHIA) signed a cooperation protocol with the Federation of Egyptian…
Egypt for the Best Summit to honour most influential economic figures
In a major ceremony organised by Amwal Al Ghad economic magazine and Exlnt Communications — both subsidiaries of…
Banque Misr Chair: Remittances from Egyptians abroad grow 10-fold
As Egypt enforced exchange rate reforms, signed landmark multi-billion agreements, and received the thumbs up from…
Egypt to sell stake in Banque Misr in 2024
Egypt is eyeing selling a stake in Banque Misr to a strategic investor in 2024, the bank’s chairman Mohamed…
NBE, Banque Misr collect EGP67bln from CDs
The National Bank of Egypt (NBE) and Banque Misr collected 67 billion Egyptian pounds from the recently issued…
Egypt’s NBE, Banque Misr collect EGP 304bn from 25% yield certificates
Egypt’s two biggest state banks, the National Bank of Egypt (NBE) and Banque Misr have collected about 304 billion…
Banque Misr raises EGP 39 billion from high-yield CDs in 5 days – chairman
Egypt’s second-largest state lender Banque Misr has collected 39 billion Egyptian pounds ($) from its high-yielding…
Egypt’s NBE, Banque Misr collect EGP 705 bln from high-yielding CDs issued on March 21
Egypt’s two biggest state banks, the National Bank of Egypt (NBE) and Banque Misr have collected 705 billion…
Banque Misr’s Mohamed El-Etreby elected chairman of Union of Arab Banks
Banque Misr chairman Mohamed El-Etreby was elected chairman of the Union of Arab Banks (UAB) on Wednesday for three…
Banque Misr raises EGP 87 billion from high-yield certificates in 8 days
Egypt’s second-largest state lender Banque Misr has collected 87 billion pounds ($4.75 billion) from the…
Egypt’s two biggest state banks collect EGP 51 billion from new high-yield certificates
Egypt’s two biggest state banks have collected 51 billion Egyptian pounds (around $2.8 billion) from a new…
Banque Misr’s Mohamed El-Etreby says Egypt economy will re-emerge, overcome coronavirus…
Mohamed El-Etreby, chairman of one of Egypt’s biggest banks - Banque Misr, said Thursday he is optimistic that…
Egypt’s banks commit 700 million pounds to people affected by coronavirus
Egyptian banks have committed 700 million Egyptian pounds ($44.3 million) to support irregular workers hurt by the…
Egypt banks hiked SMEs loans to $9 bln since 2016: El-Etreby
Banks in Egypt have extended more loans to small and medium-sized firms in the first half of the year, heeding the…
EBRD signs $75 mln SME loan deal with Egypt’s oldest bank
Egypt’s oldest bank Banque Misr has signed Tuesday a $75 million loan agreement with the European Bank for…
Egypt’s oldest bank Banque Misr sets up presence in Chinese port city
Egypt's oldest bank, Banque Misr has officially opened its Guangzhou representative office in Guangdong province to…
Egypt’s Banque Misr net profit up 66.3% in FY14/15
Egypt’s second biggest state bank, Banque Misr reported a 66.3 percent rise in net profit after tax in the…
Banque Misr raises rates on USD certificates to 5.25%
Egypt's second biggest state-owned bank, Banque Misr has raised the interest rates on its three-, and five-year…
Egyptian Gulf Bank Eyes Assets Rise to EGP15 billion at end-2016
The Egyptian Gulf Bank (EGB) is targeting an increase in total assets to EGP 15 billion (US$2.1 billion) by the end…