Tag: Banking

Beltone’s outlook for banking sector remains positive despite recent regulatory reforms

New banking draft law negatively affects dividends of small capital banks, slight…

Hossam Mounir Hossam Mounir

Foreign investment in Egyptian T-Bills rises to EGP 265.6bn end of April 2019

Investments of banks operating in local market in government debt instruments amount…

Hossam Mounir Hossam Mounir

Prime Holding offers to acquire 100% of Pharos Securities, investment banking, bookkeeping arms

The proposed acquisition aims to increase the market share of Prime Holding…

Mahmoud El-Qassas Mahmoud El-Qassas

Banks’ credit facilities see EGP 226.6bn rise end of March, deposits up to EGP 3.930tn: CBE

Private enterprise sector denominates 60.8% of total facilities, with industry in lead,…

Hossam Mounir Hossam Mounir

HC Research expects Egypt’s inflation to reach 14.2% in FY 2019, 12.4% in FY 2020

CBE may resume interest rate cuts in Q4 of 2019, with a…

Hossam Mounir Hossam Mounir

Attijariwafa Bank Egypt launches 1st business development centre of Nile Pioneers Initiative

New centre confirms effective contribution of banking sector in supporting government, CBE…

Hossam Mounir Hossam Mounir

ABE supports CBE’s push towards e-payments by issuing Meeza cards: ElKoseir

Maximum balance of card is EGP 1,000, maximum monthly use is EGP…

Daily News Egypt Daily News Egypt

Seffa appointed Managing Director of Attijariwafa bank-Egypt, Sakr nominated as Chairperson

Seffa is leading figure who enjoys long history, experience within Group, appointing…

Hossam Mounir Hossam Mounir

EGP 399bn total corporate finance portfolio, syndicated loans at NBE end of April 2019

Bank arranged 17 syndicated loans in 2018 worth EGP 90bn, won 15…

Hossam Mounir Hossam Mounir

IDB continues expansion plan with opening of new branch downtown Cairo

Ambitious plan, to support national economy, Egyptian industry in reaching world: Fahmy

Hossam Mounir Hossam Mounir