NBE records EBT of EGP 10.4bn during FY 2014/2015
The bank also achieved a 23% growth in loans granted to small…
Banque Misr pays EGP 3.6bn in taxes, achieves highest net profit in its history
The bank’s net profit reached EGP 4.2bn in FY 2014/2015, compared to…
AIB aims to increase SMEs loans portfolio to EGP 7bn by 2020
The volume of loans provided to SMEs amounted to EGP 1.5bn, equal…
CBE sells $1.5bn to cover portion of temporary credit facilities to importers
Banks are required to redeposit amounts obtained in the CBE auction with…
CBE to hold exceptional $1.5bn auction
CBE sold $200m to banks operating in the local market at rate…
NBE, Banque Misr issue CDs with 15% yield
The NBE and Banque Misr will issue the CDs beginning on Monday…
Pound devaluation shakes market
EGX-30 jumps by 6.7%, amid renewed hopes for FDIs and major concerns…
US dollar declines to EGP 9 in informal market
Banks await fresh dollar liquidity to be injected through exceptional CBE auction
Foreign deposits, withdrawals balance out at banks on Wednesday, Thursday
Approximately $8m exited one of the largest banks following CBE decision to…