Latest Banking News
Banque du Caire aims for 10-12% growth in loan portfolio by year’s end: Financial Sector manager
The bank aims to increase its deposit portfolio to EGP 91bn, says…
Banque du Caire aims to become the strongest bank supporting SMEs: CEO
Banque du Caire seeks to become the strongest bank operating in the…
Banque du Caire to remain under state control after increasing its capital by 20% on EGX: chairperson
The bank will continue its role in serving the economy, even after…
Egyptian Gulf Bank scores net profits of EGP 240.6m in H1 of 2016
The Egyptian Gulf Bank (EGB) achieved net profits of EGP 240.6m during…
Banque du Caire profits increase by EGP 690m in 2015: El-Zahid
All of the bank's profits resulting from real operations, not the product…
NBE finances 47,000 SMEs with EGP 28bn as of end of June
Bank aims to increase volume of provided SME funds to EGP 72bn…
Stabilising US dollar exchange rate, CBE confuses dollar holders once again
The CBE directed banks to allocate foreign currency for imports of medication
US dollar loses EGP 0.10 on informal market reaching EGP 12.40
Informal market started lowering the selling prices of the US dollar after…
Bankers weigh in on the proposal to convert government’s debt to banks into shares in national projects
Some believe it is feasible while others claim it is fruitless
A new start needed for Italy’s banks?
The Italian finance professor Claudio Zara calls for flexibility in eurozone rules…