Tag: banks

Banks begin intensive discussions to review interest rates on loans, deposits after CBE cut them

BM considering fate of 17% certificates, other savings vessels, says El-Damaty

Hossam Mounir Hossam Mounir

Banks’ investments in T-bills increase to EGP 680.4bn at end-2017

Banks operating in the Egyptian market raised their investments by EGP 43.64bn…

Daily News Egypt Daily News Egypt

HDB aims to be among Egypt’s top 10 banks by end-2022: chairperson

Negotiations continue with CBE to separate real estate from banking activities, says…

Hossam Mounir Hossam Mounir

Moody’s ranks Egypt’s 1st movable collateral registry as credit positive for banks

Moody’s Investors Service announced on Sunday that Egypt’s first movable collateral registry,…

Mohamed Samir Mohamed Samir

President rejuvenated SMEs by launching his EGP 200bn initiative

Banks financed 62,000 projects under initiative worth EGP 68bn until end-December 2017,…

Hossam Mounir Hossam Mounir

Banks turn to companies with temporary workers to promote Aman certificate

Certificate proceeds from NBE, ABE amounted to EGP 16m in first week

Hossam Mounir Hossam Mounir

4 state-run banks to offer Aman insurance certificates Sunday

Certificates to cover temporary workers, other individuals without social security coverage

Hossam Mounir Hossam Mounir

8 banks participate in financing of ‘Boshret Kheir’ for SMEs

List includes NBE, Banque du Caire, EBE, Banque Misr, QNB

Mohamed Farag Mohamed Farag

Banks avoid interest rate cuts to maintain depositors  

Few banks implement interest rates cuts on savings accounts one week after…

Hossam Mounir Hossam Mounir

Loans up by EGP 10bn, deposits increase by EGP 42bn in October 2017: CBE

Total financial position of banks in Egypt scores EGP 4.795tn

Hossam Mounir Hossam Mounir