Latest Banking News
Increase of EGP 38.4bn in total credit facilities granted by banks to customers from July to October: CBE
The private sector acquires 59.6% of total credit facilities
14 banks finance 62,000 housing units with EGP 5bn within CBE initiative: Abdel Hameed
Head of the Mortgage Finance Fund Mai Abdel Hameed said that 14…
QNB AlAhli signs cooperation protocol with General Authority for the Suez Canal Economic Zone
We are keen to have a positive and influential role in financing…
NBE, Banque Misr grant EGP 10bn in loans to SMEs in January
Banque Misr is considering pumping new loans worth EGP 1bn into the…
HDB raises number of branches to 71, opens in El Tor
The Housing and Development Bank (HDB) has increased the number of its…
NBE arranged 10 syndicated loans worth EGP 50bn in 2016
NBE occupied the first position in the Egyptian market, and the third…
NBE and e-finance contract with 14 public universities to collect students’ tuition fees electronically: Abu ElFotouh
205,000 students are using prepaid cards in order to achieve financial inclusion…
NBE, Banque Misr, CIB offer EGP 1.148bn worth of securitisation bonds for Corplease
The National Bank of Egypt (NBE), Banque Misr, and the Commercial International…
Banque Misr financed import operations worth $2bn, post-flotation collection of US dollars surpassed $1bn
We aim to increase MSMEs financing to EGP 25-30bn by 2019, branches…
Reform measures taken in 2016 to positively reflect on performance of economy, banks in 2017: El-Damaty
Payment of temporary facilities obtained by customers in foreign currency is the…