Government intends to borrow EGP 522bn in Q1 of FY 2019/20
Ministry of Finance offers T-Bills, Bonds worth EGP 200.5bn in July, EGP…
SAIB arranges syndicated loan of EGP 750m for Kharafi National’s infrastructure projects
EBE, IDB, Baraka Bank participate in providing the loan
Kharafi National’s business volume reaches EGP 2bn in 2019, targeting EGP 5bn worth contracts: Badr
The company obtained the loan from the SAIB, Export Development Bank of…
CBE confirms strength of banks’ financial positions by end of 1st quarter of this year
The CBE noted that banks secured provisions of 98% of total NPLs…
Banks operating in Egypt post net profit of EGP 39.29bn end-March
Top 5 banks denominate 74.48% of profits, top 10 account for EGP…
Foreign investment in Egyptian T-Bills rises to EGP 265.6bn end of April 2019
Investments of banks operating in local market in government debt instruments amount…
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,…
HC Research expects Egypt’s inflation to reach 14.2% in FY 2019, 12.4% in FY 2020
CBE may resume interest rate cuts in Q4 of 2019, with a…
Attijariwafa Bank Egypt launches 1st business development centre of Nile Pioneers Initiative
New centre confirms effective contribution of banking sector in supporting government, CBE…
Seffa appointed Managing Director of Attijariwafa bank-Egypt, Sakr nominated as Chairperson
Seffa is leading figure who enjoys long history, experience within Group, appointing…