EGBank quadrupled size of deposits and tripled number of employees in two years: Assar
We target to be one of the top 10 banks in Egypt…
Egypt’s foreign debt jumps by $19.5bn in 2016
Foreign debt reached 37.6% of GDP in December 2016 compared to 13.6%…
CBE resolves issue of temporary facilities obtained in foreign currency: Negm
Companies that owe more than $5m to banks will pay a 3.62%…
“Blom Egypt for Financial Investments” starts its activities in May
The paid capital of the company amounts to EGP 10.25m and the…
BLOM Egypt targets growth rate of 15% in all indicators by end of 2017
EGP 400m injected in bank’s capital to reach EGP 1.7bn financed by…
HDB awaits CBE approval to separate real estate activity from banking business
We aim at becoming a commercial bank practicing banking business only and…
CBE expected to hold steady interest rates on Thursday
The increase of interest rates will not decrease inflation because it did…
United Bank obtains EGP 120m from SFD to finance SMEs
We signed six contracts with the fund so far, totalling EGP 395m,…
CBE is ready to repay Egypt’s foreign obligations: Amer
We have large inflows of foreign exchange and strong reserves that will…
Ezz Al-Arab named chairperson of FEB for three more years
Sharkawy, Tantawi leave FEB, El-Kosayer, Sakr join the new board