Five banks grant syndicated loan of EGP 2.4bn to Oilex for establishment of industrial complex for extraction, refining, packaging of vegetable oils
Loan amounts to 61% of investment cost, financing extends over seven years,…
CBE alters banks’ granting of credit facilities to public business sector companies
New rules for banks dealing with companies engaged in financing instalment sales
Credit facilities granted by banks in FY 2017/2018 score EGP 203.2bn
Private sector acquired 62% of facilities, industries at forefront, CBE stated
Most banks in Egypt performed well in H1 2018
Financial statements of 10 banks reflect significant growth in profits by end…
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…
For banks, 2018 is year of data
We are often told that regulation and technology are the key drivers…
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
HC expects banks to remain profitable on higher non-interest income, normalised NIMs
Resilient NIMs on sound liability management
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…
Defaulting clients visiting government banks to settle their debts
Initiative benefits 1,635 companies,17,000 individuals in NBE with total debt of EGP…