Tag: banks

2018 to see 6% economic growth rates in 2018: El-Kosayer 

Public debt is still safe and, unlikely to increase, keeping the current…

Hossam Mounir Hossam Mounir

Banks to continue supporting government developmental plan in 2018: Fayed

We expect Egyptian economy in 2018 to witness higher growth rates reaching…

Hossam Mounir Hossam Mounir

Banks financed foreign trade operations worth $70.8bn from pound floatation to 14 December 2017: CBE

The total volume of foreign trade operations implemented by banks working in…

Hossam Mounir Hossam Mounir

Private sector loans from banks amounted to EGP 1.058tn

The volume of loans obtained by the private sector from banks increased…

Daily News Egypt Daily News Egypt

Overall bank balance of payments surplus estimated at EGP 4.68tn

The overall balance of payments (BoP) surplus of banks operating in the…

Daily News Egypt Daily News Egypt

NREA negotiates with 5 banks to obtain EGP 1bn revolving loan

The New and Renewable Energy Authority (NREA) is currently in talks with…

Mohamed Farag Mohamed Farag

Local banks, foreign financial institutions offer investments worth $1.29bn in Egyptian T-bills

Highest interest rate on investment in those bills is 3.5%, while lowest…

Hossam Mounir Hossam Mounir

Egyptian banks score EGP 44.75bn profits end-September: CBE

Top five banks account for 46.67% of total profits, top 10 accounts…

Hossam Mounir Hossam Mounir

5 banks agree with Go Bus to finance 30 buses

The tourism transport company Go Bus agreed with five banks this month…

Daily News Egypt Daily News Egypt

Volume of allocations in banks amounts to EGP 109.383bn

The volume of provisions made by banks to deal with bad and…

Daily News Egypt Daily News Egypt