Banks are preparing to activate ‘Miza’ national payment card
HDB has finished configuring its ATMs to accept the card: Sebaey
Banks allocate EGP 114.602bn to face doubtful debts end-September: CBE
The ratio of non-performing loans up to 4.4% of total loans in…
Banks’ profits score EGP 48.499bn until September 2018
Top five banks account for 43.9% of profits, top 10 hold 61.07%:…
Banks’ investments in T-Bills reached EGP 749.117bn at end of October: CBE
Foreign investment in bills decline for 7th month in a row
5 major banks represent UAE in Egyptian market
List includes Emirates NBD, First Abu Dhabi Bank, Abu Dhabi Islamic Bank,…
Credit facilities granted by banks to clients increase by EGP 28.2bn in Q3 2018
Private business sector obtains 61.3% of these facilities, industry sector benefit most,…
Banks continue to shine with strong business results in 9M18
Marked increase in deposits, loans portfolios, NPLs decline at most banks
Banks’ investments overseas: high diversity, multiple risks, derivatives completely prohibited
CBE placed several measures to hedge, expand investments, eliminate risky asset investments:…
Egyptian banks inject EGP 111bn to finance SMEs until June 2018: NBE
NBE aims to increase the volume of funds allocated for SMEs to…
Network International banks integrate Egypt’s Meeza payment scheme
NI partner banks among first acquiring banks in Egypt to integrate national…
