Tag: banks

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

CBE, banks face 6 major challenges in upcoming period

Challenges include adjusting foreign exchange market, rebuilding reserves, and controlling inflation, say…

Hossam Mounir Hossam Mounir

IFC commits $783m to MENA infrastructure in FY 2014/2015: Egypt director

There is much space for future PPPs in infrastructure, port expansions, and…

Menna Samir Menna Samir

Money pools spread to avoid interest rates on loans

Banks should offer new products and incentives suitable for low-income citizens, reconsider…

Shaimaa Al-Aees Shaimaa Al-Aees

Moody’s stable outlook for banks followed positive performance: Banking expert

Ratings agency Moody’s upgrades banking sector outlook from negative to stable

Doaa Farid Doaa Farid

Banks compete for board membership of Egyptian Federation for Mortgage Finance

First general assembly will be held, board of directors elected Thursday

Daily News Egypt Daily News Egypt

Banks invest over EGP 159bn in fixed income tools in 1 week: CBE

EGP 138.7bn invested in CBE and EGP 20.75bn in treasury bonds, treasury…

Daily News Egypt Daily News Egypt