Tag: banks

Industrial sector acquires 27.98% of bank loans

Government institutions are the second largest sector in terms of obtaining bank…

Hossam Mounir

Banks start activities of financial inclusion week on Thursday

Negm addresses banks to be present in remote areas, clubs, and universities,…

Hossam Mounir

International banks agree to finance solar energy projects worth $3bn

Companies are looking forward to obtaining letters of initial approvals before 28…

Mohamed Farag

Banks opened letters of credit worth $6.34bn for petroleum product imports in 2016: CBE

The banking system has collected $19.2bn since the flotation

Hossam Mounir

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…

Daily News Egypt

OBG publishes its expectations for Egypt’s Banks

The group expects positive results and describes the outlook as stable

Daily News Egypt

Banks acquired 74 of outstanding treasury bills in January 2017

Foreigners’ investments in state debt instruments increased to EGP 79bn in first…

Hossam Mounir

Household sector accounts for 75% of deposits at banks in December

It is very normal that individuals' share in deposits is higher than…

Hossam Mounir

Trump’s plan for banks draws Fed’s criticism

A leading Federal Reserve governor has warned US President Donald Trump against…

Deutsche Welle

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…

Hossam Mounir