Latest Banking News
EGP 12bn increases in size of Egyptian Gulf Bank assets
Bank plans to increase its retail banking portfolio to EGP 1.4bn by…
Pound to depreciate to EGP 9.5 to US dollar by end of 2016: Standard & Poor’s
The Central Bank of Egypt (CBE) devaluated the pound by 13% in…
NBE considers granting EGP 7bn to economic sectors in coming period: deputy chairperson
The bank settled EGP 2bn of non-performing debts from July 2015 until…
CBE confirms banks’ commitment to its instructions for financing small, very small projects
The Central Bank of Egypt (CBE) affirmed that the banks operating in…
Egypt to impose EGP 900 fee on sugar exports until year’s end: industry minister
This decision will secure the needs of the local sugar market, says…
Deutsche Bank faces angry shareholders
Germany's biggest lender has told its shareholders gathered for an annual meeting…
Private sector accounts for 59.3% of credit facilities granted by banks to clients: CBE
Industry at forefront of economic sectors funded by banks followed by services,…
Council to coordinate between CBE, Finance Ministry to legalise informal sector
Bylaws to govern the agricultural SEs to be issued within days
CIB targets to increase number of SME customers to 80,000 in 4 years
The bank finances these projects by providing EGP 50,000 to EGP 25m,…
SME Banking Egypt 2016 begins on Monday under ‘Roadmap for the Future’
Daily News Egypt to monitor major challenges facing the banking sector and…