Tag: banks

Banks stand up against Coronavirus to protect employees, clients

CIB suspends all internal activities including gatherings in large numbers, limits training…

Hossam Mounir

Banks consider establishing investment fund to enhance Nile Pioneers initiative

CBE has signed an agreement with Nile University for a period of…

Daily News Egypt

Banks in Egyptian market show strong performance by 2019 end

CIB – Egypt ranks first with profits of EGP 11.8bn, QNB Alahli…

Hossam Mounir

CBE doubles mortgage finance share to 10% total loan portfolio at banks

Growth of the real estate sector contributes to the continuous improvement of…

Hossam Mounir

Expected change in banks map Egyptian market

Expected exits, acquisitions, mergers, against Lebanese crisis, implementation of new banking law

Hossam Mounir

Banks’ credit facilities reach EGP 1.84trn November 2019

Private business sector accounted for 59.2% of the total facilities, and the…

Hossam Mounir

Euronet Worldwide contracts with banks to provide services in Egypt’s tourism sector

Company plans to increase its remittance transactions to Egypt, says its vice…

Shaimaa Al-Aees

Banks in Egypt inject EGP 144.2bn to finance MSMEs from Dec. 2015 to June 2019: CBE

Service sector received EGP 62.2bn banking funds, while industrial sector got EGP…

Hossam Mounir

20 banks finance 254,200 beneficiaries by EGP 24.6bn in CBE’s mortgage finance initiative 

8 companies inject EGP 1.5bn, Taamir Mortgage tops with EGP 551.6m with…

Hossam Mounir

CBE issues new regulations for microfinance in banks

Excluding credit portfolios purchased from micro finance companies or associations in 20%…

Hossam Mounir