Latest Banking News
United Lease aims to increase activities to EGP 2bn by end-2018: Maher Abu Setit
The company started operation in H2 of 2017, with 90% stake owned…
CBE’s renewal of repurchase agreement with international banks to provide some support for FX reserves: Beltone
Company expects local currency will stabilise against dollar for rest of 2018,…
Egyptian banking sector showed remarkable resilience, flexibility before political, economic challenges: UAB
Financial bank indicators operating in Egyptian market confirm existence of financial safety,…
NPLs fall to 4.3% of total loans at end June 2018: CBE
Provisions to combat doubtful debts amounted to EGP 109.294bn in H1
QNB ALAhli accounts for 7.93% of total loans, 5.64% of deposits in Egypt
Bank's LDR amounted to 67%, up from sector's average of 45%
NBE ranks as first bank in Egypt for syndicated loans: Bloomberg
NBE relies on large capital base, exceeding EGP 98bn, enabling it to…
Credit facilities granted by banks to clients until July score EGP 1.631tn
Private Sector acquired 61% of facilities, industries in forefront: CBE
BOP marks surplus of $12.8bn in FY 2017-2018: CBE
58.6% drop in current account deficit to $6bn, down from $14.4bn in…
Omayma Farahat appointed as new chairperson of AIBANK succeeding Seif Al-Nasr
Farhat previously served as head of corporate credit sector at Ahli United…
Bank Audi aims to increase corporate Islamic finance portfolio to EGP 1bn by end 2018
Bank currently offers 12 different Shariah-compliant services through three branches