Latest Banking News
HDB’s NIAT increases to EGP 1.521bn in 9M of 2019: chairperson
These profits came despite the challenges that the banking sector has faced…
Egypt’s bank deposits and loans up EGP 126.34bn, EGP 12bn respectively in September 2019
Bank’s credit facilities declined by EGP 31.7bn in three months to EGP…
PHD, CIB sign EGP1.1bn medium-term loan to refinance some existing debt
The Loan is segregated into Tranches A and B, with maturity of…
NBE, Holdipharma sign cooperation protocol to finance pharmacies
Bank’s SMEs portfolio amounts to about EGP 64bn, benefiting 74,000 projects, targeting…
HSBC launches SWIFT gpi technology in Egypt
SWIFT gpi technology enables financial institutions to provide greater transparency and end-to-end…
Banking sector is one of the most important pillars of Egyptian economy: Attijariwafa Egypt
Attijariwafa Bank Egypt opened four new branches in Cairo and Giza
Crédit Agricole Egypt primarily aims to achieve sustainability, innovation: managing director
Crédit Agricole’S loan-to-deposit ratio reached about 57% in general, and 67% in…
Bank Audi Egypt targets SMEs portfolio of EGP 5bn by 2019 end: managing director
The bank’s bad loans do not exceed 4%
IDB pumps EGP 2.2bn the Thousand Factories initiative and EGP1.2bn in real estate mortgage financing in November
SMEs portfolio increased to EGP 3bn: Azzam
Crédit Agricole Egypt transforms club memberships into prepaid cards
One-third of bank’s customers has beem registered in its e-services