Tag: banks

Credit facilities granted by banks in FY 2017/2018 score EGP 203.2bn

Private sector acquired 62% of facilities, industries at forefront, CBE stated

Hossam Mounir

Most banks in Egypt performed well in H1 2018

Financial statements of 10 banks reflect significant growth in profits by end…

Hossam Mounir

Banks inject loans worth EGP 35.861bn, attract deposits worth EGP 41.5bn in April 2018: CBE

Private sector acquired 61.7% of total loans, EGP 11.4bn increase in individual…

Hossam Mounir

For banks, 2018 is year of data

We are often told that regulation and technology are the key drivers…

Christopher Truce

Daily News Egypt test-drives Mercedes-Benz GLC on banks of Rhine, Switzerland

Powerful engine of 242 HP, suspension system suitable for all roads, terrain

Daily News Egypt

CBE reveals several important indicators of performance of banks during Q1 2018

More than EGP 39bn increase in volume of deposits, EGP 85.2bn in…

Hossam Mounir

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

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

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