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QNB Alahli achieves strong growth in net profits despite high operational expenses
Bank maintains deposit portfolio of non-interest-bearing deposits, variable-rate deposits
Nine private, foreign banks in Egypt gain net profits of EGP 25.80bn in 2018
Five banks only earn billions in net profits, other banks acquired under EGP 1bn each
All banks operating in Egyptian market invited to adopt principles of responsible banking
Egyptian banking sector is strong, capable of achieving Egypt’s leadership in sustainable development in Middle East, Africa
Banks continue to shine with strong business results in 9M18
Marked increase in deposits, loans portfolios, NPLs decline at most banks
QNB Alahli, Damietta Furniture Company sign protocol to support projects in city
Agreement is extension of bank’s role in development of society, provides of means of support at economic, social levels: El Dib
QNB ALAhli accounts for 7.93% of total loans, 5.64% of deposits in Egypt
Bank’s LDR amounted to 67%, up from sector’s average of 45%
QNB Alahli’s loans portfolio reaches EGP 111bn end-March
Bank’s LTD scored 60% in November 2017, versus 44% average across Egyptian banks
Egyptian banks make EGP 59.075bn profits in 2017: CBE
Top 5 banks accounted for 47.424% of total profits, top 10 achieved EGP 37.02bn
EBRD, QNB ALAHLI join forces to support women entrepreneurs in Egypt
In line with EBRD’s support for the development of micro, small, and medium enterprises in Egypt, and the leading role of QNB ALAHLI in Egypt regarding that field, EBRD offered a senior loan of $20m to QNB ALAHLI SAE for on-lending to local small businesses. The loan is the first under EBRD’s new “Egypt Women …
Egypt’s top 5 banks accounted for 77.7% of total profits of banks operating in Egyptian market by end of March 2017: CBE
Total profits amounted to EGP 30.516bn at the end of first quarter of 2017, top 10 banks mark profits of EGP 26.234bn
QNB ALAHLI loans increased to EGP 99.617bn, deposits reached EGP 159.795m YTD
Total assets increased to EGP 195.780bn, up 3% from December 2016
QNB ALAHLI and Visa partner to launch mVisa in Egypt
Seamless and secure QR-based mobile solution to enable faster and more convenient digital commerce
Agreement between Mubasher Financial Group and QNB ALAHLI Bank
The agreement facilitates stock-market trading services and boosts local economy
QNB AlAhli signs cooperation protocol with General Authority for the Suez Canal Economic Zone
We are keen to have a positive and influential role in financing national projects, says El Dib
QNB ALAHLI gross loans increased to EGP 97.508m, up by 55% from December 2015
Net profit increased to EGP 4.203m, up by 32% y-o-y
SMEs account for 10% of QNB Alahli loans portfolio: chairperson
The bank’s outcome of hard cash increased tenfold following flotation, says El Dib
EBRD, QNB Alahli fund SMEs with $140m
The European Bank for Reconstruction and Development (EBRD) is partnering with QNB Alahli to support small- and medium-sized enterprises (SMEs) and energy efficiency in Egypt with a $140m financial package. QNB Alahli is one of the EBRD’s largest clients in the financial sector, with a partnership totalling $370m dedicated to supporting SMEs, trade, and the …