Latest Banking News
Banque Misr targets increase in SMEs loans to EGP 1.5bn by end of FY 2015/2016
The bank provides 55% of the total funds granted by banks as…
IDBE launches 11 products, programmes to finance SMEs: bank chairperson
Loans to SMEs represent 16% of bank’s total loan portfolio, which we…
UNB-Egypt aims to increase SMEs loans to 8% of total portfolio by year’s end
Bank developed a strategy to increase finances provided to the sector to…
Metropolitan Consulting supports CBE’s initiative for financing SMEs
Nagaty said the company’s goal behind this step is to contribute to…
CBE considers launching initiative to support micro-enterprises
Intensive meetings held with ministries, authorities responsible for financing micro-enterprises to finalise…
EBI to hold conference on risk management in the banking sector
The conference will be held under the auspices of governor of the…
Offering United Bank for sale still pending: chairman
CBE, other parties still studying issue of sale, we have not received…
HDB records gross profits of EGP 491.2m for 2015
The HDB's loans portfolio increased by 15.5% to record EGP 8.2bn, while…
Bankers expect interest rates on savings instruments in pounds to rise
The Monetary Policy Committee of the CBE decided to raise deposit and…
Egyptian Banking Institute organises SME development workshop
The workshop also reviewed the Malaysian experience in the field of developing…