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…
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…
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…
24.4% increase in banks’ net value added in FY 2013/2014: CAPMAS
81% decline in banks’ value of savings during FY 2013/2014
Will banks fund state budget deficit or development projects?
The CBE could help banks do both if provided with sufficient liquidity,…
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
CBE, banks face 6 major challenges in upcoming period
Challenges include adjusting foreign exchange market, rebuilding reserves, and controlling inflation, say…
IFC commits $783m to MENA infrastructure in FY 2014/2015: Egypt director
There is much space for future PPPs in infrastructure, port expansions, and…
Money pools spread to avoid interest rates on loans
Banks should offer new products and incentives suitable for low-income citizens, reconsider…