6 banks provide EGP 15.4bn to ‘Mashro’ak’ programme by end of August 2020
Upper Egypt largest beneficiary of development projects implemented, seeing 79,000 projects put…
Banks to study impacts of interest rate cut on savings, loan products
Returns on some savings certificates and loans automatically dropped by 0.5% after…
CBE reveals bank performance indicators for H1 2020
Banking sector deposits rise to about EGP 4.7trn, financial position of banks…
State banks see limited changes to Boards of Directors
Renewal for Okasha, El-Etreby and their deputies at NBE and Banque Misr,…
Non-performing loans in Egypt’s banks drop to 3.9% end-June
Banks allocate EGP 150.079bn to address doubtful debts, alongside reserves of EGP…
Banks explore repayment options of deferred loan instalments during COVID-19
Complete inventory is being undertaken of clients benefiting from CBE loan deferral…
TE considers Vodafone Egypt acquisition as banks willing to finance deal
Should the deal be sealed, TE would merge WE with Vodafone Egypt
17 banks in Egypt report total EGP 18.565bn net profits in H1 2020
Fear of COVID-19 repercussions, increase in provisions for doubtful loans put pressure…
COVID-19 helps banks expand in digital services: CIB Official
CIB adopts long-term strategy to develop digital channels, automate payments, says Mohamed…
Al-Sisi directs banks in Egypt to continue local market support, development financing
About EGP 180bn has been invested in 120,000 companies as part of…