Top 10 Egyptian market banks report EGP 14.661bn in net profits in September
QNB Alahli accounts for 38% of total profits achieved by top 10…
Banks in Egypt discuss fate of interest rates following CBE’s cut
Yield of some savings certificates, loan products automatically decreases by 0.5%, while…
Financial position of banks in Egypt up EGP 96.9bn in July 2020: CBE
Volume of doubtful debts allocations amounts to EGP 150.877bn, reserves amount to…
Local currency deposits with Egypt banks up EGP 80.104bn in August: CBE
In a recent report, the CBE stated that demand deposits in local…
6 banks provide EGP 15.4bn to ‘Mashro’ak’ programme by end of August 2020
Upper Egypt largest beneficiary of development projects implemented, seeing 79,000 projects put…
Banks to study impacts of interest rate cut on savings, loan products
Returns on some savings certificates and loans automatically dropped by 0.5% after…
CBE reveals bank performance indicators for H1 2020
Banking sector deposits rise to about EGP 4.7trn, financial position of banks…
State banks see limited changes to Boards of Directors
Renewal for Okasha, El-Etreby and their deputies at NBE and Banque Misr,…
Non-performing loans in Egypt’s banks drop to 3.9% end-June
Banks allocate EGP 150.079bn to address doubtful debts, alongside reserves of EGP…
Banks explore repayment options of deferred loan instalments during COVID-19
Complete inventory is being undertaken of clients benefiting from CBE loan deferral…