Latest Banking News
Banque Misr considers financing major sectors with EGP 43.5
Bloomberg awards the bank for being the best in marketing joint loans…
More than EGP 39bn increase in volume of deposits in July: CBE
Banks support their allocations to meet doubtful loans and reduce its investments…
Dollar rise amplifies prices of basic items
CBE decisions are against the interest of citizens, says head of Citizens…
Pound’s value drops by 10 piasters against US dollar
The dollar value had been stable for around 100 days
NBK-Egypt, Mortgage Finance Fund sign deal for low-income citizens
During the signing of the agreement with Head of the Mortgage Finance…
National Bank of Egypt and EBRD launch programme for businesswomen in Egypt
The launch ceremony reviewed the financial and non-financial service packages that will…
Ambiguity surrounds CBE governor’s fate as his term comes to close
Mohamed Barakat, Tarek Amer tipped as potential replacements for Ramez
Letter of intent for €80m signed by CIB, French Development Agency Group
CIB and AFD aim to finance and promote climate and environment benefiting…
QNB-Alahli acquires 7.95% of total loans, 5.62% of deposits for banks operating in Egypt
The bank’s loans-to-deposits ratio increased to 58%, compared to the 41% average…
Banque du Caire launches product to combine advantages of insurance, savings
Clients will also be able to borrow money, and issue credit cards…