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…
Private sector loans from banks amounted to EGP 1.058tn
The volume of loans obtained by the private sector from banks increased…
Overall bank balance of payments surplus estimated at EGP 4.68tn
The overall balance of payments (BoP) surplus of banks operating in the…
NREA negotiates with 5 banks to obtain EGP 1bn revolving loan
The New and Renewable Energy Authority (NREA) is currently in talks with…
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…