Tag: banks

Banks should hold strong partnerships with IT sector: El-Attar

The digital age we are living in depends on constant communication, a…

Daily News Egypt Daily News Egypt

US dollar shortage negatively affects banks financing import operations, lending to projects with a foreign component

The US dollar shortage has negatively affected banks' activities that are related…

Hossam Mounir Hossam Mounir

5 banks in Egypt account for 71.47% of banking sector’s total profits as of June: CBE

The sheer capital of banks amounts to EGP 100.72bn, with the top…

Hossam Mounir Hossam Mounir

NBE aims to increase SMEs loan portfolio to 70bn in 4 years

The National Bank of Egypt (NBE) aims to increase the size of…

Hossam Mounir Hossam Mounir

CBE vows to ‘punish’ banks lagging behind in SME support

The Central Bank of Egypt (CBE) vowed to punish banks that lagged…

Hossam Mounir Hossam Mounir

Non-performing loans fall to 5.9% as of end of June: CBE

Private sector accounts for 70.6% of total loans provided by banks to…

Hossam Mounir Hossam Mounir

Government plans to borrow EGP 324.5bn in Q2 of FY 2016/2017

Launch of treasury bills tenders for EGP 300.25bn, bonds worth EGP 24.25bn…

Hossam Mounir Hossam Mounir

The banks and the sinking boats

Who among us did not suffer when hearing the news of the…

Hany Aboul Fotouh Hany Aboul Fotouh