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,…
President rejuvenated SMEs by launching his EGP 200bn initiative
Banks financed 62,000 projects under initiative worth EGP 68bn until end-December 2017,…
Banks turn to companies with temporary workers to promote Aman certificate
Certificate proceeds from NBE, ABE amounted to EGP 16m in first week
4 state-run banks to offer Aman insurance certificates Sunday
Certificates to cover temporary workers, other individuals without social security coverage
8 banks participate in financing of ‘Boshret Kheir’ for SMEs
List includes NBE, Banque du Caire, EBE, Banque Misr, QNB
Banks avoid interest rate cuts to maintain depositors
Few banks implement interest rates cuts on savings accounts one week after…
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
2018 to see 6% economic growth rates in 2018: El-Kosayer
Public debt is still safe and, unlikely to increase, keeping the current…
Banks to continue supporting government developmental plan in 2018: Fayed
We expect Egyptian economy in 2018 to witness higher growth rates reaching…
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…