Latest Banking News
Banks in Egyptian market show strong performance by 2019 end
CIB – Egypt ranks first with profits of EGP 11.8bn, QNB Alahli…
Banque du Caire’s net profit nears EGP 4bn in 2019
Deposits up to EGP 151bn, loans EGP 79.2bn; SMEs portfolio grows by…
Expected change in banks map Egyptian market
Expected exits, acquisitions, mergers, against Lebanese crisis, implementation of new banking law
Deutsche Bank expects US dollar to reach EGP 15.5 by June, EGP 15 by December
Bank expects inflation to continue declining to single digits this year
Egyptian pound appreciates to its highest since flotation
Banque Misr received $2bn in January, $15.6bn in 2019: El-Etreby
Local, international investors offer to invest $1.054bn in Egyptian T-Bills
The CBE rejected other offers from investors who requested an interest of…
Egypt’s awaited banking law to revolutionise sector: Khodeir Partners co-founder
Khodeir’s comments came during a roundtable discussion held to tackle the banking…
NBE, QNB syndicated loan of EGP 1.8bn to Concrete Plus Engineering, Construction
20% of the total cost of implementing a housing compound project in…
CBE offers $900m in T-bills on Monday
Proceeds to cover a previous bid floated on 12 February 2019 worth…
Household sector’s trend towards deposits of three-year term or more ongoing since 2018
Weighted return on new deposits declines in September 2019 to 11.5%, 16%…