Tag: banks

ETTA extends deadline for banks’ complaints to Tuesday

Tourism income dropped to $6.1billion in 2015, compared to $7.3bn during 2014

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

Banks to hold meetings on Sunday on the fate of interest rates following CBE decision

Banks will watch the decision’s impact’s yield on treasury bills and bonds…

Hossam Mounir Hossam Mounir

Household sector acquires 62.68% of total deposits in banks in March

Household sector adds about $2.8bn to its foreign exchange deposits, increases its…

Hossam Mounir Hossam Mounir

Banks prepare to receive donations from citizens for charities at beginning of Ramadan

Dozens of organisations will receive donations, such as the Misr El Kheir…

Hossam Mounir Hossam Mounir

Banks in EGX exceed market’s expectations during Q1 of 2016: Beltone

There are doubts about the banks’ abilities to continue this exceptional performance…

Mohamed Ahmed Mohamed Ahmed

Banking services exempted from VAT, banks call for further clarification

Previous disputes between banks and the Egyptian Tax Authority on the definition…

Hossam Mounir Hossam Mounir

Private sector accounts for 59.3% of credit facilities granted by banks to clients: CBE

Industry at forefront of economic sectors funded by banks followed by services,…

Hossam Mounir Hossam Mounir

CBE provides banks with $118.7m in weekly auction

The CBE sold US dollars at a fixed price of EGP 9.78.…

Hossam Mounir Hossam Mounir

Five banks acquire 59.6% of banking sector total assets: CBE

Top ten banks acquire 72.4% of total deposits, 67.6% of loans, from…

Hossam Mounir Hossam Mounir