Latest Banking News
EAB forms committee to supervise its investment funds
The committee aims to improve performance of the bank's three funds and…
Renaissance Capital plans to open Cairo office
The office is set to open once we receive the regulatory approval,…
SFD, Hermes Leasing sign EGP 20m contract to finance small enterprises
Secretary general of the Social Fund for Development (SFD) Niveen Gamea; Ahmed…
Banks’ foreign trade operations worth $28bn between flotation and 10 April
Documentary credits opened for $9bn, repayment of other collection and credit documents…
Banque Misr to sign $500m loan agreement with China Development Bank
The bank has opened its representative office in Guangzhou in the framework…
Industrial sector acquires 27.98% of bank loans
Government institutions are the second largest sector in terms of obtaining bank…
EG Bank to hold financial inclusion seminar at Cairo University on Monday
The Egyptian Gulf Bank (EG Bank) will hold an educational seminar at…
Banks start activities of financial inclusion week on Thursday
Negm addresses banks to be present in remote areas, clubs, and universities,…
CBE Governor meets international financing institutions officials during IMF meetings
Tarek Amer, the Governor of the Central Bank of Egypt (CBE), had…
QNB ALAHLI loans increased to EGP 99.617bn, deposits reached EGP 159.795m YTD
Total assets increased to EGP 195.780bn, up 3% from December 2016