FRA updates underwriting, pricing rules for credit, guarantee insurance
Islam Azzam, Chairperson of the Financial Regulatory Authority (FRA), has issued a…
Following rate hike, US Fed raises global cost of capital
The US Federal Reserve’s interest rate hike affects Egypt’s banking sector indirectly…
CIB launches first Executive Master’s programme in Banking, Credit with AUC
The Commercial International Bank – Egypt (CIB) has signed a strategic memorandum…
Banks’ credit facilities reach EGP 1.84trn November 2019
Private business sector accounted for 59.2% of the total facilities, and the…
Palm Hills signs EGP 505m credit facility with AUB to refinance existing debt
Mansour added that this move comes in line with the PHD’s strategic…
We aim to bring the Premium International’s turnover to EGP 3.8bn in 5 years: chairperson
The company aims to launch two new products in 2020 and provide…
Bank deposits up by EGP 95.471bn recording EGP 4.007tr in June
Banks’ credit facilities see EGP 224.7bn rise, private business sector holds 60.7%
E-Banking future of banks inside, outside Egypt: Ozalp
Blom Bank Egypt launches contactless payment service via credit, debit cards
Banks’ credit facilities see EGP 218.6bn rise in 11 months
Private sector accounts for 60.8% of total facilities, with industry in the…
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,…