El-Sherif asks businesspeople and investment banks to help develop 4,770 villages
Minister of Local Development Hisham El-Sherif called upon businesspeople and investment banks…
OBG publishes its expectations for Egypt’s Banks
The group expects positive results and describes the outlook as stable
Banks acquired 74 of outstanding treasury bills in January 2017
Foreigners’ investments in state debt instruments increased to EGP 79bn in first…
Household sector accounts for 75% of deposits at banks in December
It is very normal that individuals' share in deposits is higher than…
Trump’s plan for banks draws Fed’s criticism
A leading Federal Reserve governor has warned US President Donald Trump against…
Egypt’s banks achieved net profits of EGP 53.066bn until December: CBE
Egypt's five largest banks acquire 42.66% of total profits achieved by banks…
Banks offer their support to real estate sector
NBE provided letters of guarantee worth EGP 5bn for the sector of…
Banks increase bad debt allocations by EGP 27.2bn due to flotation
Total financial position of banks climbed to EGP 3.99tn at the end…
Flotation drives deposits at banks to EGP 490bn, loans to EGP 313.3bn in November 2016
137.2% growth in foreign currencies deposits in flotation month, drops to 18.3%…
USD leaps against EGP, records EGP 18.10 at banks
Demand on USD for Ramadan importations accelerate pound depreciation
