Tag: banks

Total deposits growth rate in banks reached 18.88% in August: CBE

EGP 29.5bn increase in deposits, EGP 10.7bn increase in bank loans during…

Hossam Mounir Hossam Mounir

Amer’s most prominent challenge is employing liquidity in local currency at banks

Banks offered to invest EGP 252bn in CBE deposits for one day…

Hossam Mounir Hossam Mounir

Egyptian pound devaluation has positive impact on tourism: Colliers official

Creation of Suez Canal is a catalyst to build a new tourism…

Menna Samir Menna Samir

QNB-Alahli acquires 7.95% of total loans, 5.62% of deposits for banks operating in Egypt

The bank’s loans-to-deposits ratio increased to 58%, compared to the 41% average…

Hossam Mounir Hossam Mounir

SMEs: Egypt’s broken backbone?

Banks are keen to loan to SMEs; now however is not the…

Menna Samir Menna Samir

28 banks offer to invest EGP 225.98bn of surplus liquidity in CBE deposits

The CBE raised the Deposit Operation mechanism on Monday, in order to…

Hossam Mounir Hossam Mounir

Government plans to borrow EGP 281.5bn from banks in coming 3 months

Finance ministry to issue treasury bills worth EGP 199.5bn, bonds worth EGP…

Hossam Mounir Hossam Mounir

24.4% increase in banks’ net value added in FY 2013/2014: CAPMAS

81% decline in banks’ value of savings during FY 2013/2014

Shaimaa Al-Aees Shaimaa Al-Aees

Will banks fund state budget deficit or development projects?

The CBE could help banks do both if provided with sufficient liquidity,…

Hossam Mounir Hossam Mounir

Global Lease in talks with 4 banks to acquire EGP 600m: Managing Director

Plans to double issued capital to EGP 100m by H1 of 2016

Hossam Mounir Hossam Mounir