Tag: banks

Banks, mortgage finance companies pump EGP 75.6bn into low-income initiative in September

Banks and finance companies participating in the mortgage finance initiative for low-income…

Hossam Mounir Hossam Mounir

Banks operating in Egyptian market achieve net profits worth EGP 289.409bn in H1 2024: CBE

The Central Bank of Egypt reported that banks operating in the Egyptian…

Hossam Mounir Hossam Mounir

Banks, companies offer EGP 73.09bn under ‘Affordable Housing Initiative’ until August

Banks and mortgage companies participating in the Affordable Housing Initiative have provided…

Hossam Mounir Hossam Mounir

Egypt’s economy shows signs of recovery despite challenges: IMF

Egypt's economy is showing signs of recovery following a difficult period marked…

Daily News Egypt Daily News Egypt

Egyptian microfinance portfolio surpasses EGP 93.4bn to 4.5 million clients

The total microfinance portfolio exceeded EGP 93.4bn, benefiting over 4.5 million clients…

Hossam Mounir Hossam Mounir

Banks, financing companies inject EGP 70.6bn into low-income housing initiative by June 2024

The Social Housing and Mortgage Finance Fund recently disclosed that banks and…

Hossam Mounir Hossam Mounir

Financial position of banks operating in Egypt surges to EGP 17.8trn in Q1 2024: CBE

The Central Bank of Egypt (CBE) recently disclosed a substantial increase in…

Hossam Mounir Hossam Mounir

Banks navigate strict real estate financing rules in Egypt amid high interest rates

The eighth edition of the Think Commercial roundtable delved into the diversity…

Daily News Egypt Daily News Egypt

Banks report strong Q1 2024 profits in Egypt despite economic challenges

Banks' net profits reach EGP 156.223bn in Q1 2024: CBE

Hossam Mounir Hossam Mounir