Tag: banks

Social solidarity minister exempts public banks and oil companies from maximum income law

Boraie says decision was made to retain ability of sectors to compete…

Fady Ashraf

Faisal Islamic Bank of Egypt sees jump in October results

Total business volume, total assets and liquid assets of the bank all…

Doaa Farid

Egypt’s banks lend less, earn more

Ambitious plans by Egypt’s banks to expand credit portfolios hindered by the…

Daily News Egypt

Bank provisions to be exempt from taxes: Ministry of Finance

Ministry says it has received cabinet approval for draft law, now awaiting…

Sara Aggour

Gulf banks in expansion push as recovery kicks in

A slowdown in regional banking activity, coupled with large restructurings of state-owned…

Daily News Egypt

Ministry of Finance rates Egyptian banks

The ministry releases statement listing top five Egyptian banks that trade treasury…

Sara Aggour

Maximum income for public banks opposed by sector

Bankers express concern that public bank maximum wage law will push talent…

Daily News Egypt

Egypt’s Business Directory names the top five local banks

CIB tops the list as the largest bank in Egypt followed by…

Sara Aggour

Second interest rate cut in a row to encourage lending: Experts

Central Bank's decision to cut the interest rates is seen as a…

Daily News Egypt