Bank Audi Egypt targets SMEs portfolio of EGP 5bn by 2019 end: managing director
The bank’s bad loans do not exceed 4%
IDB pumps EGP 2.2bn the Thousand Factories initiative and EGP1.2bn in real estate mortgage financing in November
SMEs portfolio increased to EGP 3bn: Azzam
Crédit Agricole Egypt transforms club memberships into prepaid cards
One-third of bank’s customers has beem registered in its e-services
Egypt’s annual core inflation falls to 2.1%, while urban headline inflation rises to 3.6% in November
Annual headline Inflation rose to 2.7% from 2.4% in October
CBE offers $1bn in 1-year T-Bills
CBE floated five bill tranches worth $5.1432bn in 2019
Amer starts second term in CBE by launching three initiatives to support industry, medium income housing
Directives from president to allocate EGP 100m for industry sector, EGP 50bn…
Hassan Ghanem new head of Housing and Development Bank
Ghanem has extensive banking experience of more than 33 years, during which…
Egypt’s FX reserves increase by $319m in November
Gold reserves decline, SDR countered FX hike, curbing net foreign reserves increase…
NBE contracts with Aman Microfinance to automate the disbursement of loans, repayment of instalments to its customers
The Bank offers banking products and services that meet the needs of…
Egypt’s government, CBE prepare to launch manufacturing support initiative
The initiative is expected to be announced next Wednesday