Latest Banking News
Egyptian foreign reserves down more than $1.5bn, at $18.5bn
Government has to pay $250m in September as dues of bonds issued…
NBE postpones issuance of international bonds
Bank repays bonds, amounting to $600m, which it offered in August 2010
UK begins selling shares in RBS
The British government has begun selling its shares in the bailed-out Royal…
Abo El-Sebaa Weaving Group searching for strategic investor to repay debts: Chairman
We hope to re-operate the group's factories with EGP 50m, but a…
Banque du Caire delegation to participate in Suez Canal Axis inauguration
the opening ceremony is one of the largest economic events currently witnessed…
Egypt’s foreign debt declines $2.5bn in Q3 of FY 2014/2015: CBE
Decline occurred due to global currency price decline, total foreign debt also…
Banque du Caire targets total profits of EGP 2.7bn by end of 2015
We require financing of EGP 7bn for completion of real estate units…
QNB Al Ahli, EBRD set $100m for SMEs in Egypt
EBRD provides QNB Al-Ahli with $40m for trade facilitation
Commerzbank triples profits in second quarter
Germany's Commerzbank has reported strong second-quarter earnings as the lender has been…