Latest Banking News
Industrial sector acquires 27.98% of bank loans
Government institutions are the second largest sector in terms of obtaining bank…
EG Bank to hold financial inclusion seminar at Cairo University on Monday
The Egyptian Gulf Bank (EG Bank) will hold an educational seminar at…
Banks start activities of financial inclusion week on Thursday
Negm addresses banks to be present in remote areas, clubs, and universities,…
CBE Governor meets international financing institutions officials during IMF meetings
Tarek Amer, the Governor of the Central Bank of Egypt (CBE), had…
QNB ALAHLI loans increased to EGP 99.617bn, deposits reached EGP 159.795m YTD
Total assets increased to EGP 195.780bn, up 3% from December 2016
Banks acquired 74 of outstanding treasury bills in January 2017
Foreigners’ investments in state debt instruments increased to EGP 79bn in first…
Household sector accounts for 75% of deposits at banks in December
It is very normal that individuals' share in deposits is higher than…
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…