The initiative contributes to providing new funding opportunities for adding deposits in banks: El-Baradei
CBE initiative to finance low- to middle-income housing is a large starting…
Mortgage companies participating in CBE initiative to finance low- to middle-income housing
Mortgage finance companies operating in the domestic market started to prepare their…
Only 14 banks among 39 operating in Egypt participated in mortgage-financing initiative launched by CBE to finance low- to middle-income housing
These banks provided EGP 5bn to finance the purchase of 62,000 housing…
United Bank to be first bank to join Egyptian SMEs Association
The bank is to sign a cooperation protocol with the association to…
Export Development Bank to increase small and midsize enterprises portfolio to EGP 5bn in 2019
The mortgage portfolio of the bank amounts to EGP 10m, and we…
NBE to increase retail banking portfolio to EGP 43bn by end of June
We aim to transfer the micro-finance portfolio to the retail sector and…
Dollar falls to its lowest level in two months, settles below EGP 18
Banks see clients disposing USD, further decline in the pipeline, says chairperson…
Hariri family sells its share in Arab Bank to group of investors
Oger Middle East Holding Company, owned by the Hariri family, sold its…
Usage of cards abroad dropped by 55% following flotation: CBE
Egyptians usage of cards abroad dropped by a value of $223m in…
Net foreign purchases of T-bills jump to $1.15bn in January
Foreign investments in debt instruments is one of the most important sources…