Tag: banks

State banks see limited changes to Boards of Directors

Renewal for Okasha, El-Etreby and their deputies at NBE and Banque Misr,…

Hossam Mounir Hossam Mounir

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…

Hossam Mounir Hossam Mounir

Banks explore repayment options of deferred loan instalments during COVID-19

Complete inventory is being undertaken of clients benefiting from CBE loan deferral…

Hossam Mounir Hossam Mounir

TE considers Vodafone Egypt acquisition as banks willing to finance deal

Should the deal be sealed, TE would merge WE with Vodafone Egypt

Alyaa Stohy Alyaa Stohy

17 banks in Egypt report total EGP 18.565bn net profits in H1 2020

Fear of COVID-19 repercussions, increase in provisions for doubtful loans put pressure…

Hossam Mounir Hossam Mounir

COVID-19 helps banks expand in digital services: CIB Official

CIB adopts long-term strategy to develop digital channels, automate payments, says Mohamed…

Hossam Mounir Hossam Mounir

Al-Sisi directs banks in Egypt to continue local market support, development financing

About EGP 180bn has been invested in 120,000 companies as part of…

Hossam Mounir Hossam Mounir

Egypt banks celebrate International Youth Day with increased support for financial inclusion

Egyptian banks to support new accounts at no minimum amount or fees,…

Hossam Mounir Hossam Mounir

Banks in Egypt contribute EGP 700m to support daily labourers: El-Etreby

In exclusive statement to Daily News Egypt, El-Etreby said that the donations…

Hossam Mounir Hossam Mounir

Afreximbank grants $3.55bn to Egypt banks amid COVID-19 response

Afreximbank elaborated that the $3.55bn support has been provided to the Central…

Shaimaa Al-Aees Shaimaa Al-Aees