Latest Banking News
Banque du Caire marks profits of EGP 3.3bn in 2016, up 18% from 2015: chairperson
Bank’s profits are operating profits resulting from the expansion of all banking…
Arab Investment Bank aims to boost SME portfolio to EGP 12.3bn by end 2018: chairperson
Bank achieved 70% growth in profits, 85% increase in deposits, and 67%…
Deposits in QNB are Safe: Amer
Cutting diplomatic relations with Qatar has no effect on bank’s activities in…
CBE completes electronic linking system with COMESA banks
The project is a new positive step towards supporting Egyptian economic relations…
UBE offers integrated system for financing journalists, launches Tahya Misr investment certificates
The bank signs a cooperation protocol with the Press Syndicate to offer…
Egyptian Agricultural Bank launches initiative to finance livestock wealth project
We aim to finance the purchasing of one million livestock and establish…
Government launches treasury bonds and bills for EGP 105.25bn in June
Launching 16 bills for terms of 91-364 days for EGP 99bn, 8…
Beltone expects HDB’s net profit to exceed EGP 800m by year end
Bank’s initial 2017 budget includes deposit growth by 40%, loans by 30%,…
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…