Latest Banking News
FX reserves end 2017 at record high of $37.02bn
Forex reserves increased by $333m, despite payment of $3.2bn to Afreximbank, says…
NBE aims to increase size of SME portfolio to EGP 100bn within 3 years
The bank offered SME loans worth about EGP 37.5bn to 55,000 customers
NBE, Agriculture Ministry cooperate to finance livestock projects
Bank injected EGP 1.2bn to fund 7,400 livestock, poultry, fishery development projects
HDB aims to open 20 new branches in 2018: El-Sebaey
Bank added 10 branches in 2017, targets 100 branches
Banque Misr arranges funding worth EGP 81.3bn for various economic sectors
Loans up 40% in FY 2016/2017, deposits up 56%
Abdeen receives Banker of the Year Award for GCC
Mohamed Nasr Abdeen, vice chairperson of Union National Bank-Egypt, received the 2017…
EBI organises lecture on IFRS 9 standards
A few days ago, the Egyptian Banking Institute (EBI) organised a seminar…
FEB, FEI organise conference on transformation into non-monetary economy for 16 January
The Federation of Egyptian Banks (FEB) and the Federation of Egyptian Industries…
Fintech in Egypt: the wheels turn slowly
It appears that businesses and individuals in Egypt need to adapt to…