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…
17 banks involved in financing limited and middle-income housing
"There are 17 banks and three companies participating in the CBE’s initiative…
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…
Small construction companies demand banks to support them
The small and medium-sized companies working in the construction sector demanded that…
Banks granted credit facilities of EGP 1.413tn until July: CBE
Industry sector obtained 35.9% of total credit, agriculture sector share declines to…
3 banks contribute largest share of financing for housing loans
HDBEG contributes EGP 3.5bn to the CBE’s initiative, NBE gives EGP 2bn,…
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…
CBE raises banks’ reserve requirement
The Central Bank of Egypt (CBE) decided to raise the reserve requirement…
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…
Banks’ profits in Egypt worth EGP 47.381bn by end of H2 2017: CBE
The five largest banks account for 69.52% of total profits, the top…