Tag: banks

Banks’ investments in T-bills reached EGP 549.96bn

Banks’ investments in treasury bills (T-bills) reached EGP 549.96bn by the end…

Daily News Egypt Daily News Egypt

Private business 61.9% of total non-governmental credit facilities granted by banks: CBE

Industry obtained 26.894% of total loans, letters of credit and guarantee, versus…

Hossam Mounir Hossam Mounir

17 banks involved in financing limited and middle-income housing

"There are 17 banks and three companies participating in the CBE’s initiative…

Daily News Egypt Daily News Egypt

Flotation decision was an urgent necessity and action taken at the right time: Banks officials

Decision contributed to increasing FX Reserves to $36.5bn, and positively impacted  banks…

Hossam Mounir Hossam Mounir

Small construction companies demand banks to support them

The small and medium-sized companies working in the construction sector demanded that…

Hossam Mounir Hossam Mounir

Banks granted credit facilities of EGP 1.413tn until July: CBE

Industry sector obtained 35.9% of total credit, agriculture sector share declines to…

Hossam Mounir Hossam Mounir

3 banks contribute largest share of financing for housing loans 

HDBEG contributes EGP 3.5bn to the CBE’s initiative, NBE gives EGP 2bn,…

Hossam Mounir Hossam Mounir

Banks to begin implementing CBE’s decision to raise mandatory reserve ratio of deposits on Tuesday

The CBE’s decision pushes banks to expand the financing of SMEs, as…

Hossam Mounir Hossam Mounir

CBE raises banks’ reserve requirement

The Central Bank of Egypt (CBE) decided to raise the reserve requirement…

Mohamed Samir Mohamed Samir

Banks in Egypt issue 2 million credit cards during H1 2017: CBE

The number of debit cards jumped to 17,562 million cards in June…

Hossam Mounir Hossam Mounir