Tag: banks

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

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

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

Banking services exempted from VAT, banks call for further clarification

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

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

CBE provides banks with $118.7m in weekly auction

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

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

23.1% increase in value of financial investments for banks: CAPMAS

The Central Agency for Public Mobilization and Statistics (CAPMAS) issued on Thursday…

Hossam Mounir

Most of Greek bailout money went to banks: study

Only 5 percent of international bailout money for Greece was used to…

Deutsche Welle

Bank giants settle rate manipulation charges

Seven major global banks have settled a lawsuit in the United States…

Deutsche Welle