QNB-Alahli acquires 7.95% of total loans, 5.62% of deposits for banks operating in Egypt
The bank’s loans-to-deposits ratio increased to 58%, compared to the 41% average…
NBK-Egypt targets 30% growth in different activities by year-end: Managing Director
Egypt is one of the most prominent markets focused on in the…
EBRD to focus on financing renewable energy projects in Egypt
Bank received funding requests from 67 companies, hundreds of millions of euros…
EBRD loans NBK – Egypt $50m to finance SMEs
The loan contract was signed on Thursday by Managing Director of NBK…
Egypt’s foreign reserves lose $1.76bn in September
International reserves record lowest level in 1.5 years
Banknote issuance increases to 13.09% of GDP in June: CBE
The rate of banknote issuance reached about 15.06% of GDP in June…
28 banks offer to invest EGP 225.98bn of surplus liquidity in CBE deposits
The CBE raised the Deposit Operation mechanism on Monday, in order to…
$63.27bn worth of international trade between Egypt and world in 9 months: CBE
The US and China are Egypt’s largest trading partners, the UAE is…
United Bank seeks new, strong banking entity: Abdel Hamed
The bank aims to finalise bad debts portfolio, spread its branches and…
Vital incentives to encourage foreigners to invest in governmental debt instruments: El-Kosayer
According to CBE, foreign investors were the second largest investors in Egyptian…