Tag: banks

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

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

Small construction companies demand banks to support them

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

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

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