Hossam Mounir

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Non-performing loans fell to 7.2% of total by end of September 2015: CBE

CBE issued its Financial Soundness Indicators report, where the loans-to-deposits ratio increased…

Hossam Mounir

CBE decides to raise maximum foreign currency deposit cap to $250,000 monthly

Decision applies only to companies to facilitate import operations of main and…

Hossam Mounir

NBK records $929.7m in net profits for 2015

The group aims at strengthening its position in Egypt and increasing growth…

Hossam Mounir

CBE demands that banks tighten security measures around their offices on 25 January

Falcon deploys fast intervention cars around institutions it secures to support its…

Hossam Mounir

Limited impacts for recent CBE lending controls: Beltone

Reducing maximum loan per customer and bank contributions in capital market funds…

Hossam Mounir

Banks race to implement CBE’s programme for funding SMEs

Both Banque Misr and the Industrial Development and Workers Bank of Egypt…

Hossam Mounir

EGP 29.3bn increase in bank deposits, EGP 10.8bn increase in loans in October 2015: CBE

Household sector acquires 77.6% of deposits in the local currency and 63.2%…

Hossam Mounir

AAIB predicts a better outcome with new offers and services in 2016

Bank is targeting about 30% average growth on retail, says head of…

Hossam Mounir

Egypt ripe for electronic payments due to widespread use of mobile phones: Visa Egypt GM

Visa accounts for 61.5% of total cards issued worldwide, its share in…

Hossam Mounir

72m credit facilities registered in I-Score database as of October 2015

140,500 SMEs work with banks and banking sector should support these companies…

Hossam Mounir