Tag: banks

Tourism investors face obstacles in Egypt

Banks prefer to loan government over investors, says Egyptian Tourism Federation Chairman

Menna Samir

CBE maintains key interest rates

The CBE also kept the discount rate unchanged at 9.25%.

Daily News Egypt

HSCB launches EGP300m growth fund for SMEs

This is the second growth fund launched by the bank

Sara Aggour

Emirates NBD Egypt net profit hikes 22% in 2014

Total assets increased by 20%, registering over EGP 24.3bn

Doaa Farid

ECESR wins appeal, white taxi owners to renew licences without bank statement

Ministry of Finance has supported white taxi project with EGP 1.5bn since…

Doaa Farid

Local banks deny restrictions on providing $100 notes

The Central Bank of Egypt gave no instructions to lenders operating in…

Dahlia Kholaif

3 investment banks promote 11 developmental projects for Economic Summit

Global Swiss bank expressed desire to participate in marketing Conference's investment projects

Shaimaa Al-Aees

28.5% of Egyptian banks provide mobile banking

Banks allow use of applications by clients and non-clients to check accounts,…

Shaimaa Al-Aees

Following deposits’ ceiling, dollar to remain stable until March summit: Officials

CBE placed ceiling deposit of $10,000 per day and $50,000 per month

Sara Aggour

Output and new orders of private companies decline: HSBC

Lower demand contributed to output, the bank stated

Sara Aggour