Latest Banking News
CBE’s decision to raise interest rate continues to stir controversy
The decision was great and emphasised the bank’s determination to activate its…
Barclays Egypt’s loan portfolio increases by EGP 1.7bn in Q1 2017
The bank's net profit after taxes reached EGP 258m at the end…
NBE to own 27.3% loan volume, 27.2% deposit volume of Egyptian market by end of December 2016
Financial position increased by EGP 409.7bn during the first half of fiscal…
United Bank provides EGP 200m to finance small and micro enterprises: chairperson
Bank launched Intlaka programme for financing small and micro enterprises in increasing…
Increase of HDB loan portfolio to EGP 10bn in late March 2017: chairperson
The bank is still awaiting the CBE's approval to separate real estate…
Cooperation protocol between CGC and Egyptian Union of Microfinance to qualify 25 companies to obtain financing from banks
Companies were chosen across the country with a special focus on Upper…
CBE holds hope on Banque du Caire to support microenterprises: Amer
The bank injected 1.5 million loans to project owners until the end…
Banks obliged to separate microfinance from retail loans
Trial project between civil associations and banks to benefit from digital services…
CBE calls on banks to introduce credit-rating system to evaluate micro-financing institutions
We have been studying ways to strengthen this sector, which is one…
1.8m people benefited from microfinance loans until the end of 2016: Samy
Volume of funding provided by these bodies increased to EGP 4.5bn, trade…