Tag: banks

For first time, CBE instructs banks to protect clients’ rights

Instructions have been in effect since 13 February, banks were given one-year…

Hossam Mounir

Banks to discuss fate of deposit, lending interests this week following CBE rate cut

NBE, Banque Misr to keep interests of fixed-rate saving certificates stable, cut…

Hossam Mounir

Egyptian banks increase their SME credit by EGP 136bn in 3 years

Egyptian banks increased their SMEs credit by EGP 136bn from end-2015 till…

Hagar Omran

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

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

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

Banks move toward digitisation, fintech

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

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

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

Foreign assets deficit continues to widen in banks

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

Hossam Mounir