Latest Banking News
MSMEDA undertakes EGP 62m urban development in Cairo’s Zawya El Hamra
The project’s finance granted by AFD
CBE raises limits on consumer loan instalments to 50% of borrower’s total monthly income
The CBE decided to keep the maximum for personal housing loans at…
Banque du Caire leads banking alliance to raise €150m for financing MDF factory
The factory is being built in Idku, Beheira, with a production capacity…
HDB’s NIAT increases to EGP 1.521bn in 9M of 2019: chairperson
These profits came despite the challenges that the banking sector has faced…
Egypt’s bank deposits and loans up EGP 126.34bn, EGP 12bn respectively in September 2019
Bank’s credit facilities declined by EGP 31.7bn in three months to EGP…
PHD, CIB sign EGP1.1bn medium-term loan to refinance some existing debt
The Loan is segregated into Tranches A and B, with maturity of…
NBE, Holdipharma sign cooperation protocol to finance pharmacies
Bank’s SMEs portfolio amounts to about EGP 64bn, benefiting 74,000 projects, targeting…
HSBC launches SWIFT gpi technology in Egypt
SWIFT gpi technology enables financial institutions to provide greater transparency and end-to-end…
Banking sector is one of the most important pillars of Egyptian economy: Attijariwafa Egypt
Attijariwafa Bank Egypt opened four new branches in Cairo and Giza
Crédit Agricole Egypt primarily aims to achieve sustainability, innovation: managing director
Crédit Agricole’S loan-to-deposit ratio reached about 57% in general, and 67% in…