Banks experiencing significant disposal operations of foreign currency; dollar registers lowest level since November 2016
Significant decline in Arab and foreign currencies traded in domestic market due…
Only 14 banks among 39 operating in Egypt participated in mortgage-financing initiative launched by CBE to finance low- to middle-income housing
These banks provided EGP 5bn to finance the purchase of 62,000 housing…
Banks operating in Egypt record EGP 56bn net profits in 2016: CBE
The Egyptian banking sector is powerful and capable of overcoming the effects…
Bank loans increased by EGP11bn during October
Non-governmental loans recorded EGP 786.4bn in October
Increase of EGP 38.4bn in total credit facilities granted by banks to customers from July to October: CBE
The private sector acquires 59.6% of total credit facilities
Banks, pharmaceutical shares expected to attract investors in 2017
The flotation of the Egyptian pound will play an influential role in…
2017 is full of opportunities and challenges for banks in the Egyptian market: Fayed
Bank Audi will focus on financing food, medicine, and production requirements this…
2017 is the year of harvesting fruits of 2016 economic reforms: Tinawi
ABC-Egypt finalised preparing SMEs service infrastructure; ready to begin supporting the sector
Banks to be vital for supporting the economy in 2017: Elkosayer
PBDAC will continue its role to serve Egyptian peasants with greater diversification…
Banks to increase size of financing for factories and projects, reduce size of funding budget deficit: Elkady
United Bank aims to implement a strong expansion plan in various sectors…