Latest Banking News
CBE offers 2-year hotel loans with 6-month grace
Government halts administrative distraint on defaulters in tourism sector for one year
NSB defers loan repayments for 6 months under CBE’s initiative
Vice Chairperson and CEO of NSB Sharif Farouk denied what was reported…
EGP 6.2bn worth of 15% certificates sold by NBE, Banque Misr on first day
80% of NBE’s certificate sales took place online
Banks implement CBE’s initiative delaying loan instalments for individuals, companies
CBE included microfinance sector in the initiative on Monday
El-Etreby tapped as FEB Chairperson for three-year term
Okasha as deputy chairperson, Abaza as treasurer
Initiative to postpone loan installments for 6 months applies to regular, irregular individuals, institutions: CBE
Initiative includes clients of financial leasing, real estate, factories , SMEs, personal…
saib aims to achieve 200% growth in net profit year-end: chairperson
Bank has 1.31% market share of total loans, 1.47% deposit market share:…
Banque Misr, NBE to offer electronically saving certificates with 15% yield
To ensure safety of customers, employees, new certificates to be available only…
CBE increases daily ATM withdrawal limits to EGP 30k, EGP 40k for individuals, companies respectively
The CBE added that issuing the prepaid cards to citizens will be…
Remittances in Egypt reach $26.8bn in 2019: CBE
The CBE added that remittances in the second half (2H) of 2019…