Latest Banking News
Nossier replaces ElBaradei as new executive director of Egyptian Banking Institute
The board of directors of the Egyptian Banking Institute (EBI) has appointed…
HDB raises number of branches to 73
El-Sebai opens the second branch of the bank in Daqahleya governorate to…
IDWBE deposits up by EGP 3.01bn, loans by EGP 2.3bn in H1 2017
Net profit of EGP 145m by end of June 2017 against EGP…
Volume of NBE’s financial position reached EGP 1.3tn by end of FY 2016/2017: bank’s vice chairperson
Bank’s net profits EGP 12.5bn by end of June 2017: Abu El-Fotouh
Arab African International Bank increases Golden Saving Account rates to 14% annually
The Arab African International Bank (AAIB) raised the interest rates for the…
NBE does not intend to issue bonds on foreign markets: vice chairperson
We aim to offer the bonds with a suitable return and the…
United Bank to reduce its troubled debt portfolio to less than EGP 2bn by 2017 end: chairperson
The bank seeks to increase its profits by more than 100% by…
CBE raises interest rates 2% for second time in 2 months
Deposits increased to 18.75%, loans to 19.75%
Analysts expect CBE to keep interest rate unchanged after Thursday meeting
Seven out of nine analysts and investment banks expect CBE to keep…
Private industrial sector accounted for 62.4% of credit facilities granted by banks to non-government economic sectors at the end of March 2017: CBE
The industrial sector accounted for 36.5% of the total credit facilities granted…