Latest Banking News
NCR intends to offer omnichannel service in Egypt: managing director for Africa
The company aims to supply Egyptian banks with the latest banking technology…
UNB aims to boost SMEs financing to 8% of its total loans portfolio by end of 2016: vice chairperson
Union National Bank-Egypt (UNB) aims to boost its financing directed to small-…
United Bank intends to participate in the loan arranged for TE: bank’s chairperson
Volume of bank’s syndicated loans portfolio amounts to EGP 500m, with most…
AIB aims to increase loans granted to SMEs to EGP 7bn in 4 years: chairperson
The bank invested EGP 600m in the SMEs sector in 2015, with…
Banks granted EGP 207.7bn more credit facilities over 11-month period: CBE
Industry sector accounts for 32.2% of the credit facilities; while only 1.4%…
Household sector acquires 75.3% of total deposits in banks in May: CBE
The household sector acquired 75.3% of the total deposits in banks in…
Banque Misr launches service for credit score via ATM enquiry
Banque Misr launched a service that allows its customers to enquire about…
Optimism amid crackdown on informal market stabilise unofficial currency exchange pool: Banker
Trading currency is becoming difficult and the price is seeing large variation…
Banque du Caire prepares to fund Suez Canal Development Projects: executive board member
The bank is prioritising its available US dollars to raw materials and…
HDB Loans portfolio amounts to EGP 8.7bn as of June: chairperson
Net profits of the bank reached EGP 394.7m in the first half…