Tag: banks

Al Ahly Capital presents written expression of interest for CI-Capital

CIB clarified that the expression of interest did not include a non-binding…

Daily News Egypt Daily News Egypt

CBE regulations on retail bank loans expected to boost car payments through direct instalments

Customers will escape from banking restrictions, says Honourary Chairman of AMIC

Ahmed Amer Ahmed Amer

CBE demands that banks tighten security measures around their offices on 25 January

Falcon deploys fast intervention cars around institutions it secures to support its…

Hossam Mounir Hossam Mounir

Banks race to implement CBE’s programme for funding SMEs

Both Banque Misr and the Industrial Development and Workers Bank of Egypt…

Hossam Mounir Hossam Mounir

EGP 29.3bn increase in bank deposits, EGP 10.8bn increase in loans in October 2015: CBE

Household sector acquires 77.6% of deposits in the local currency and 63.2%…

Hossam Mounir Hossam Mounir

Bank’s proposals published to break deadlock of CBE’s retail banking regulations

Banks request CBE not to impose these regulations on all customers and…

Hossam Mounir Hossam Mounir

CBE’s new lending regulations are credit positive for banks: Moody’s

Egypt’s Higher SME Lending Quota Supports Economy but threatens Banks’ Asset Quality

Daily News Egypt Daily News Egypt

CBE postpones decision regarding EGP interest rate to negotiate with coordination council

The Monetary Policy Committee (MPC) meeting took three hours Thursday and ended…

Hossam Mounir Hossam Mounir

Government plans to borrow EGP 281.5bn from banks in next three months

Banks account for 75.5% of total releases of treasury bills and the…

Hossam Mounir Hossam Mounir

Banks delay raising interest rates on pound savings until return from debt instruments increases

The banks started to hold intensified meetings on Sunday morning to discuss…

Hossam Mounir Hossam Mounir