CBE reviews initiative to settle troubled debts: Amer
Initiative includes settlement of debts of 3,500 companies, 337,000 individuals
Banque Misr’s financial position reaches EGP 887.5bn end-June
Deposits increase by EGP 137.1bn, while loans portfolio record EGP 222.2bn
CIB establishes CVentures, Egypt’s first corporate venture capital firm primarily focused on Fintech startups
Establishment of CVentures is evidence of CIB’s profound commitment towards supporting Egyptian…
Minister of Finance criticised for his statements regarding taxpayers’ accounts in banks
This is not first time officials make statements that do not take…
NBE allocates EGP 1.75bn for education, health development: vice chairperson
The bank has spent total EGP 4bn over the past six years…
Banks are preparing to activate ‘Miza’ national payment card
HDB has finished configuring its ATMs to accept the card: Sebaey
HDB holds 34th raffle for children, youth savings account
175,000 participated in vessel with total balances of EGP 565m
AIIB to introduce $510m investments into Egypt
Egypt has potential to be area’s eco-energy hub, we support state efforts…
NBE completed renovations of 178 branches, to re-open historic Mosky branch
Mosky branch represents important historical value for bank; its development comes within…
30% of ABE loans allocated to farmers, crop production: bank chairperson
Animal production projects receive 25% of portfolio, 20% for mechanisation projects, 25%…