Tag: banking sector

NBE’s pre-tax net profit grows 25% in 1H FY 2014/2015

The bank has pumped EGP 3.5bn into SMEs sector

Doaa Farid

6 banks request Citibank Egypt retail business acquisition

Applicants include CIB, Abu Dhabi Islamic Bank, Emirates NBD and Mashreq Bank

Doaa Farid

Emirates NBD Egypt net profit hikes 22% in 2014

Total assets increased by 20%, registering over EGP 24.3bn

Doaa Farid

EBI reaccredited by ACCET for 5 years

The institution was previously accredited for 5 years to 2014

Doaa Farid

Citibank Egypt still studying banks’ offers to buy its consumer business

Vice president denies 9 banks have offered purchase

Doaa Farid

Numerous public bank officials resign to protest maximum wage

New maximum wage sets wages at 50% less than original wages, resigned…

Doaa Farid

BNP Paribas Wealth Management wins private bank awards for Europe, North Asia

Awards confirm their position as a “reference private bank”, say Wealth Management…

Daily News Egypt

Banking deposits grow 20.2% in July: IDSC

Credit granted to agriculture, trade, industry, and services grows 4.8%

Abdel Razek Al-Shuwekhi

Overview of banking sector performance over FY 2013/2014

Daily News Egypt takes a closer look into the banking sector’s performance…

Doaa Farid

Citibank to launch new payment channels in 2014: Vice president

The bank is preparing new customer services which include the launch of…

Doaa Farid