Latest Banking News
NBE ‘ Strongest Bank ’ in Egypt, Africa in 2017: Asian Banker
Reaching that rating comes as a result of the restructuring of the…
Visa Everywhere Initiative attracted Egyptian startups, innovators: Visa GM for North Africa and Levant
63% of Egyptian Millennials shop online at least once a week
SMEs represent 15% of total loans portfolio in United Bank: chairperson
We aim to take the percentage to 20% by the end of…
Banque Misr seeks to seal funding deals worth EGP 81.3bn in different economic sectors
The bank has arranged loans worth EGP 32.9bn in FY 2016/2017, from…
NBE marketed, managed syndicated loans worth EGP 58bn during first nine months of 2017
The loans arranged by the bank have been directed to many strategic…
Egyptian Arab Land Bank board begins developing its strategy for next 3 years: chairperson
The board holds its first meeting after restructuring it under the chairmanship…
Egyptian Agricultural Banks signs contract with MSMEs for EGP 250m
The contract aims to finance 23,000 new and existing projects to provide…
Banks in Egypt issue 2 million credit cards during H1 2017: CBE
The number of debit cards jumped to 17,562 million cards in June…
Banks’ profits in Egypt worth EGP 47.381bn by end of H2 2017: CBE
The five largest banks account for 69.52% of total profits, the top…
Banks’ capital increases by EGP 128.42bn at end of June 2017: CBE
The return on average assets of banks operating in the Egyptian market…