Tag: bank

New facilities to remove levy on taxpayers’ bank accounts: CBE

This is applicable on natural or legal persons regardless of their activity.…

Hossam Mounir Hossam Mounir

Private sector holds 61.7% of total bank loans in April: CBE

Total deposits see 14.33% growth in April, compared to 13.9% in March;…

Hossam Mounir Hossam Mounir

Swvl reveals security breach, but bank details safe

Security breach resolved in a matter of hours, with users being asked…

Mohamed Alaa El-Din Mohamed Alaa El-Din

EBI launches remote evaluation services for bank employees

Evaluation covers technical knowledge, English language tests, behavioural assessment, says Nosseir

Hossam Mounir Hossam Mounir

Total financial position of banks in Egypt increases to EGP 5.856trn at 2019 end: CBE

Bank deposits increase to EGP 4.2359trn, household sector denominated 81.3%

Hossam Mounir Hossam Mounir

Egypt’s bank deposits and loans up EGP 126.34bn, EGP 12bn respectively in September 2019

Bank’s credit facilities declined by EGP 31.7bn in three months to EGP…

Hossam Mounir Hossam Mounir

Household sector accounts for 80.4% of total bank deposits

It accounts for 83.6% of total deposits in local currency, 68.7% in…

Hossam Mounir Hossam Mounir

Bank financing’s contribution to budget deficit declines in 2Q19: CBE

Investors' shift from T-Bills to T-Bonds reflects positive change in their macroeconomic…

Hossam Mounir Hossam Mounir

Foreign currency deposits account for 21.73% of total bank deposits end-May

Deposit growth fell to 11.34% in May from 11.46% in April

Hossam Mounir Hossam Mounir

Private sector awaits further interest cuts to resume borrowing from banks: HC

Banks are likely to extend deposit maturity to grant long-term loans without…

Hossam Mounir Hossam Mounir