Tag: banking sector

Banking sector shaken by raised NBE, Banque Misr interest rates

Intensified meetings in banks to discuss the move’s effects on customer deposits

Hossam Mounir Hossam Mounir

Banking sector speculates over Ramez’s next step after CBE resignation

Ramez will head the AIB instead of Gamal Negm who will supposedly…

Hossam Mounir Hossam Mounir

Moody’s stable outlook for banks followed positive performance: Banking expert

Ratings agency Moody’s upgrades banking sector outlook from negative to stable

Doaa Farid Doaa Farid

NBE’s pre-tax net profit grows 25% in 1H FY 2014/2015

The bank has pumped EGP 3.5bn into SMEs sector

Doaa Farid Doaa Farid

6 banks request Citibank Egypt retail business acquisition

Applicants include CIB, Abu Dhabi Islamic Bank, Emirates NBD and Mashreq Bank

Doaa Farid Doaa Farid

Emirates NBD Egypt net profit hikes 22% in 2014

Total assets increased by 20%, registering over EGP 24.3bn

Doaa Farid Doaa Farid

EBI reaccredited by ACCET for 5 years

The institution was previously accredited for 5 years to 2014

Doaa Farid Doaa Farid

Citibank Egypt still studying banks’ offers to buy its consumer business

Vice president denies 9 banks have offered purchase

Doaa Farid Doaa Farid

Numerous public bank officials resign to protest maximum wage

New maximum wage sets wages at 50% less than original wages, resigned…

Doaa Farid Doaa Farid

BNP Paribas Wealth Management wins private bank awards for Europe, North Asia

Awards confirm their position as a “reference private bank”, say Wealth Management…

Daily News Egypt Daily News Egypt