Tag: banks

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

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

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

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

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

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

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

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

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

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