Household sector accounts for 78.8% of total bank deposits by end of August 2018: CBE
Deposits growth rate at 18.79%, local currency deposits at 22%, foreign currencies…
ABE to offer global tender in 6 months to develop its technological structure: Chairperson
We addressed 26,000 defaults in EGP 1.5bn debts, settled 2,700 worth EGP…
Two years since currency floatation
Foreign exchange reserves up by $25bn, hard cash flow increased, inflation declined,…
Banque Misr’s CSR contribution amounted to EGP 700m in last FY: Chairperson
Bank aims to double amount in coming years by focusing on education,…
Outstanding balance of T-bills, T-bonds registered at EGP 2.006tn end of September
T-Bills of 91-364 days balances score EGP 1.305tn, mostly of 357, 364…
2,814 projects benefited from AFESD’s $50m loan
Projects obtained EGP 578m funding, created 12,700 jobs from loan
Egypt’s trade with world registers $88.93bn in 2017/18
Imports at $63.103bn, exports score $25.827bn, UAE tops trade partners
NBE provides EGP 2bn for 18 companies working in cotton ginning, trade
Benefiting companies include eight private sector companies
SMEDA confirms its readiness to cooperate with all banks wishing to fund youth projects: CEO
Since 1992, SMEDA funded 2.9m micro, small projects worth EGP 37.8bn, created…
SMEs account for 24% of United Bank’s total credit portfolio: vice chairperson
Bank to offer unique funding solutions, smart digital services, to support these…