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,…
CBE provides banks with $118.7m in weekly auction
The CBE sold US dollars at a fixed price of EGP 9.78.…
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…
23.1% increase in value of financial investments for banks: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) issued on Thursday…
Most of Greek bailout money went to banks: study
Only 5 percent of international bailout money for Greece was used to…
Bank giants settle rate manipulation charges
Seven major global banks have settled a lawsuit in the United States…
Banks operating in Egypt record EGP 35.88bn net profits in 2015: CBE
Non-performing loans fell to 6.8% of total, 99% of which are covered…
EGP devaluation is credit positive for banks: Moody’s
Moody’s forecast of Egypt’s economic growth is lower than the government’s predictions
CBE grants banks $118.7m, returns to quota in Tuesday’s auction
Banks were granted this amount at a price of EGP8.78 to the…
High interest rate hinders banks in Egypt from obtaining foreign loans
Foreign institutions require high return interest rates of 5.5%, which is unsuitable…