Latest Banking News
United Bank aims to increase real estate finance portfolio to EGP 300m
The portfolio's volume now is EGP 110m, but contracts to fund 11…
AIB’s loan portfolio increased to EGP 9bn by end of 2016
The bank has achieved more than 100% growth in business volume, says…
Banking sector to rise up for supporting SMEs
EGP 101bn finances granted from banks to this sector so far, says…
EGBank quadrupled size of deposits and tripled number of employees in two years: Assar
We target to be one of the top 10 banks in Egypt…
“Blom Egypt for Financial Investments” starts its activities in May
The paid capital of the company amounts to EGP 10.25m and the…
BLOM Egypt targets growth rate of 15% in all indicators by end of 2017
EGP 400m injected in bank’s capital to reach EGP 1.7bn financed by…
HDB awaits CBE approval to separate real estate activity from banking business
We aim at becoming a commercial bank practicing banking business only and…
CBE keeps interest rates unchanged
In its meeting held on 30 March, the Monetary Policy Committee (MPC)…
United Bank obtains EGP 120m from SFD to finance SMEs
We signed six contracts with the fund so far, totalling EGP 395m,…
Arab Bank increase number of branches in Egypt to 41
The bank aims to enhance its local spread and be the best…