Private industrial sector accounted for 62.4% of credit facilities granted by banks to non-government economic sectors at the end of March 2017: CBE
The industrial sector accounted for 36.5% of the total credit facilities granted…
Egypt’s top 5 banks accounted for 77.7% of total profits of banks operating in Egyptian market by end of March 2017: CBE
Total profits amounted to EGP 30.516bn at the end of first quarter…
Banks, EGX, government departments leave for 3 days starting Sunday for Eid al-Fitr
The Central Bank of Egypt (CBE) will suspend all of their bank…
CBE completes electronic linking system with COMESA banks
The project is a new positive step towards supporting Egyptian economic relations…
Cooperation protocol between CGC and Egyptian Union of Microfinance to qualify 25 companies to obtain financing from banks
Companies were chosen across the country with a special focus on Upper…
Banks obliged to separate microfinance from retail loans
Trial project between civil associations and banks to benefit from digital services…
Law controlling work of microfinance companies encourages banks to finance them: Ghada Waly
The CBE's initiative supports these bodies before international financing institutions, young people…
Banks and real estate shares among “Top Picks” after CBE move
Investors likely to inject cash in these stocks to maximise profits
Banks tend to maintain interest rates unchanged despite CBE’s 2% hike
Government banks offer highest return on savings in the local market and…
Pound flotation posed challenges for banks’ financial positions in 2016: Business News Index
SAIB, Audi, NBE recorded the lowest ratios of unregulated loans portfolios