Banks’ credit facilities see EGP 226.6bn rise end of March, deposits up to EGP 3.930tn: CBE
Private enterprise sector denominates 60.8% of total facilities, with industry in lead,…
Attijariwafa Bank Egypt launches 1st business development centre of Nile Pioneers Initiative
New centre confirms effective contribution of banking sector in supporting government, CBE…
ABE supports CBE’s push towards e-payments by issuing Meeza cards: ElKoseir
Maximum balance of card is EGP 1,000, maximum monthly use is EGP…
USD loses over 122 piasters against Egyptian pound since start of 2019
Egypt received strong foreign exchange inflows during the recent period, which has…
Seffa appointed Managing Director of Attijariwafa bank-Egypt, Sakr nominated as Chairperson
Seffa is leading figure who enjoys long history, experience within Group, appointing…
EGP 399bn total corporate finance portfolio, syndicated loans at NBE end of April 2019
Bank arranged 17 syndicated loans in 2018 worth EGP 90bn, won 15…
IDB continues expansion plan with opening of new branch downtown Cairo
Ambitious plan, to support national economy, Egyptian industry in reaching world: Fahmy
Bank Audi has yet to apply for CBE approval to acquire NBG-Egypt: Helal
In May, Bank Audi signed the final acquisition contract of the NBG-Egypt,…
AfDB to focus on financing manufacturing sector in Egypt
The African Development Bank (AfDB) will focus on financing the manufacturing and…
Tamweely Microfinance increases capital to EGP 75m
Company targets expansion to 40 branches by year-end, 60 branches by 2020,…