Tag: banks

Global Lease negotiates with four banks to fund new projects worth EGP 500m

Discussions with FMO to borrow $10m, a factoring company to be launched…

Mohamed Farag Mohamed Farag

When will agricultural sector receive appropriate share of funds from banks?

Government received 28.105% of loans, industry 24.627%, services 25.957%, retail 17.286%, trade…

Hossam Mounir Hossam Mounir

Planned cybersecurity centre will monitor any digital fraud in banks

The Head of Payment Systems at the Central Bank of Egypt (CBE),…

Daily News Egypt Daily News Egypt

Banks move toward digitisation, fintech

NBE launches first e-service branch; Banque du Caire to introduce first smart…

Hossam Mounir Hossam Mounir

2019 is year of challenges, opportunities for banks

There are many challenges, pressures on banks' budgets, profits in upcoming period

Daily News Egypt Daily News Egypt

All banks operating in Egyptian market invited to adopt principles of responsible banking

Egyptian banking sector is strong, capable of achieving Egypt's leadership in sustainable…

Hossam Mounir Hossam Mounir

Foreign assets deficit continues to widen in banks

Exit of foreign capital from emerging economies trailed in October at slower…

Hossam Mounir Hossam Mounir

Credit facilities granted by banks to their clients increased by EGP 25.3bn in October

Private business sector covered for 61% of total credit facilities, industries among…

Hossam Mounir Hossam Mounir

Deposits, commercial accounts in banks rose to EGP 3bn: CAPMAS

The Central Agency for Public Mobilisation and Statistics (CAPMAS) data has shown…

Fatma Elkholosy Fatma Elkholosy

Minister of Finance criticised for his statements regarding taxpayers’ accounts in banks

This is not first time officials make statements that do not take…

Hossam Mounir Hossam Mounir