Commercial International Bank Egypt’s 2019 net profit up 23.5%
Egypt’s Commercial International Bank (CIB), the largest private bank in the country, on Tuesday posted a 23.5…
Browsing Tag
non-performing loans
EGBANK’s NPLs portfolio grows 3.68% in H1 2019
Egyptian Gulf Bank (EGBANK) non performing loans (NPL) portfolio has captured 3.86 percent of the total credit…
Al Baraka Bank Egypt’s NPLs fall to 5.4% in June
Al Baraka Bank-Egypt, part of Bahraini Islamic lender Al Baraka Group, witnessed an improvement in the quality of…
Italy expects debt to fall aggressively: finance minister
Italian Finance Minister Pier Carlo Padoan is confident that measures carried out by his government to strengthen a…
Europe banks hold €988 billion in NPLs: IMF
Bank in Europe still hold "a very high" €988 billion ($1.17 trillion) in non-performing loans (NPLs) on their…
Nonperforming loans drop by 5.7% in Egypt’s banks at end-March: CBE
The ratio of non-performing loans at banks operating in the Egyptian market fell to 5.7 percent of the total loan…
National Bank of Egypt may delay tourism clients’ installments to 2018-end
Egypt’s largest bank, the state-owned National Bank of Egypt (NBE) may delay collecting debts for clients operating…
Egypt’s state agriculture bank inks debt settlements with 5200 clients
Egypt’s main agricultural lender PBDAC has signed debt settlement agreements swith 5200 clients during the first…
Fitch: China’s toxic debt pile may be 10 times official estimates
Toxic loans in the Chinese financial system could be 10 times as high as official estimates suggest, Fitch Ratings…
National Bank of Egypt plans major cut in bad loans by FY2016/17
The National Bank of Egypt (NBE), the country’s largest public lender, plans to reduce its non-performing loans to…
