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…
Bank Audi Money Market Fund achieves 10.58% annual return YTD
The minimum subscription in the fund is estimated at about 100 securities…
Bank profits reach EGP 50.049bn in June: CBE
Total financial position of banks working in Egyptian market rises to EGP…
NBE signs EGP 793.9m long-term financing contract for Nile Wood Company
The agreement was made as part of the Central Bank of Egypt’s…
Faisal Islamic Bank records EGP 112.751bn in business volume during August
Bank’s total accounts grew 13.6% to about EGP 93.083bn last month
Banks explore repayment options of deferred loan instalments during COVID-19
Complete inventory is being undertaken of clients benefiting from CBE loan deferral…
CBE directs banks to take appropriate measures on deferred loan instalments
Each bank must conduct careful review of existing credit facilities, and their…
AMF grants $1.3bn in Arab COVID-19 response during H1 2020: Al-Hamidi
Fund president stresses importance of dialogue, consultation between Middle East’s central banks…
IDB agrees to finance industrial projects in Beni Suef
IDB Chairperson and Managing Director Maged Fahmy said that, through the protocol,…
NSB records profit increase to EGP 1.427bn despite pandemic
Bank has spent EGP 960m on social solidarity projects, says NSB Vice…