Latest Banking News
ALEXBANK’s SMEs portfolio amounts to EGP 2bn: CEO
EGX, ALEXBANK sign MoU to support and empower Egyptian SMEs
Banks increase bad debt allocations by EGP 27.2bn due to flotation
Total financial position of banks climbed to EGP 3.99tn at the end…
Egypt is one of the most powerful economies in North Africa, we are keen to expand here: UNB leaders
We are keen on taking part in funding projects that serve the Egyptian economy, in…
UNB Egypt aims to achieve 30% growth in loans and deposits
We aim to acquire a stake of not less than 5% of…
Bank Audi Egypt represents 15% of group’s size, to increase further to 30%: Fayed
Egypt enjoys a special position in Bank Audi Group, which supports Bank…
Bank Audi Egypt settles all dollar debts resulting from currency difference after flotation
We had a few companies with debts of more than $5m, whose…
US Dollar loses 10 piastres during Thursday transactions
The US dollar exchange price index slipped against the Egyptian pound in…
The Pound losing ground despite rising stock prices
In November, the Egyptian administration floated the Egyptian pound to secure a…
HDB expands its branches to 7
The Housing and Development Bank (HDB) increased the number of its branches…
EG Bank achieves 130% loan portfolio increase and 97% deposit increase
The bank's total assets rise to EGP 45.16bn by the end of…