Tag: banks

Defaulting clients visiting government banks to settle their debts

Initiative benefits 1,635 companies,17,000 individuals in NBE with total debt of EGP…

Hossam Mounir Hossam Mounir

Total credit facilities by banks increased by EGP 123.2bn in nine months

Industry alone received 25.2% of total credit granted by banks to non-governmental…

Hossam Mounir Hossam Mounir

Banks invested EGP 650bn in T-bills until end of March 2018: CBE

Government banks invested EGP 333bn, private banks invested EGP 279.8n, foreign banks…

Hossam Mounir Hossam Mounir

Deposits up EGP 52bn, loans EGP 27bn end-February: CBE

Banks’ investments in stocks, bonds down EGP 37bn

Hossam Mounir Hossam Mounir

Egyptian banks’ aggregate financial position breaks $5tn end-March 2018: CBE

EGP 24.376bn total profits in market, top five banks account for 64.875%

Hossam Mounir Hossam Mounir

Beltone reveals strengths, weaknesses of 10 banks in Egypt

HDB, Credit Agricole Egypt, Faisal Islamic Bank results above expectations, ADIB's lower…

Hossam Mounir Hossam Mounir

EGPC negotiates with 5 banks for EGP 4bn loans

The Egyptian General Petroleum Corporation (EGPC) has started negotiations with five local…

Mohamed Farag Mohamed Farag

Can fintech companies replace banks?

Cooperation between two financial services providers required for benefit of all, bankers…

Hossam Mounir Hossam Mounir

Banks close financial inclusion week events Monday

Large spread of banks across the country to promote their services, inclusion…

Hossam Mounir Hossam Mounir

Egyptian banks strongly partake in Arab Financial Inclusion Week for 2nd year

Financial inclusion is a key pillar for achieving the state vision for…

Hossam Mounir Hossam Mounir