Tag: banks

Non-performing loans reach 5.9% by the end of September 2016: CBE 

The private sector acquired 70% of total loans offered by banks to…

Hossam Mounir Hossam Mounir

Banks offer investments worth EGP 91bn in CBE’s deposit operation on Tuesday 

Banks operating in the domestic market offered investments worth EGP 91bn of…

Hossam Mounir Hossam Mounir

8 Egyptian banks among top 100 Arab Banks: UAB

Egypt occupies fifth place according to the number of banks on the…

Hossam Mounir Hossam Mounir

10 banks offer EGP 6bn syndicated loan to Etisalat Egypt

A banking alliance of 10 major banks signed a syndicated long-term loan…

Daily News Egypt Daily News Egypt

Banks finance foreign trade operations worth $7.9bn since flotation until 14 December: CBE

This sum includes the repayment of letters of credit and documents of…

Hossam Mounir Hossam Mounir

Banks provided financing worth EGP17bn to SMEs and micro enterprises in 9 months: CBE

The recent issuance of certificates has attracted new deposits from outside the…

Hossam Mounir Hossam Mounir

30 international and local banks prepare to finance renewable energy projects with $3bn

All banks have agreed to lend to companies in the second phase…

Mohamed Farag Mohamed Farag

US dollar exchange records EGP 18.25 at banks on Thursday

The US dollar exchange rate against the Egyptian pound witnessed huge fluctuations…

Daily News Egypt Daily News Egypt

Credit facilities granted by banks to their clients in August increased by EGP 12.3bn: CBE

Private sector accounts for 59.4% of the total facilities, deposits increase by…

Hossam Mounir Hossam Mounir

Egyptian pound continues to decline against US dollar at banks

The currency exchange is governed by supply and demand, says CBE and…

Hossam Mounir Hossam Mounir