Tag: banks

CBE launches service for instant bank account inquiry of deceased customers

Bank signs agreement to discuss situation of vehicles purchased by credit facilities

Hossam Mounir Hossam Mounir

CBE confirms strength of banks’ financial positions by end of 1st quarter of this year

The CBE noted that banks secured provisions of 98% of total NPLs…

Hossam Mounir Hossam Mounir

Banks operating in Egypt post net profit of EGP 39.29bn end-March

Top 5 banks denominate 74.48% of profits, top 10 account for EGP…

Hossam Mounir Hossam Mounir

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

Egyptian banks to record strong loan growth, EGP to stabilise: Fitch Solutions

Haftar’s Tripoli offensive could spiral out of control, yet fiscal deficit expected…

Mohamed Samir Mohamed Samir

Banks’ credit facilities see EGP 206.7bn increase in last 8 months: CBE

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

Hossam Mounir Hossam Mounir

Microfinance portfolio in banks reaches EGP 6.94bn in Q1 of 2019

NGOs rank first in terms of number of beneficiaries

Hossam Mounir Hossam Mounir

Orascom to repay EGP 900m to banks this year

Value of cheque receipts on customers estimated at EGP 5.3bn, says Bichara

Shaimaa Al-Aees Shaimaa Al-Aees

Five banks start issuing prepaid cards to pay government dues electronically

NBE, Banque Misr, Banque du Caire, CIB, ABE issued these cards free…

Daily News Egypt Daily News Egypt

Moody’s upgrades five Egyptian banks, outlook changed to stable

Moody's Investors Service (Moody's) upgraded on Tuesday, the long-term local-currency deposit ratings…

Daily News Egypt Daily News Egypt