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…
Banks’ capital increases by EGP 128.42bn at end of June 2017: CBE
The return on average assets of banks operating in the Egyptian market…
CBE announces new BoD of state-owned banks beginning of next week
Okasha for NBE, El-Etreby for BM, Fayed for Banque du Caire, Kamal…
New micro-finance initiative worth $2.8m launched in Egypt
Egypt’s micro-finance segment is gaining new momentum thanks to central bank and…
Limited changes in boards of government banks before end of September 2017
Two leaders expected to be sacked, 4 likely to stay, ambiguity surrounds…
Banks’ capital increases by EGP 13.74bn in April: CBE
The increase came as a result of using a part of the…
41.9% increase in cash balances at banks in 2015/2016
Insurance companies’ total financial position reached EGP 65.8bn
Banks and real estate stocks “top pick” in wake of interest rate increase: analysts
Investors are more likely to pump more cash in these stocks to…
Banks consider impact of CBE’s decision to hike interest rates this week
CBE’s decision aims to curb inflation and ease its impacts after moving…
US dollar embarks on new wave of decline against pound, loses 20 piastres in 2 days
Banks give their clients up to $2,000 cash with no documents but…