Tag: banks

Total financial position of banks in Egypt increases to EGP 12.970trn in 1Q 2023: CBE

The Central Bank of Egypt (CBE) has revealed that the total financial…

Hossam Mounir

House of Representatives approves draft law related to establishment of banks

The House of Representatives has approved a draft law submitted by the…

Daily News Egypt

Banks offer EGP 57bn within mortgage finance initiative for low-income people in May 2023

NBE takes lead, offering EGP 16bn mortgage finance to 137,079 clients

Hossam Mounir

Financial position of banks jumps to EGP 12.409trn in January 2023: CBE

Bank deposits increase to EGP 9.021trn, of which 77.8% belong to household…

Hossam Mounir

4 banks participate in 6th phase of lump-sum export subsidy dues payment

Banks are NBE, Banque Misr, Banque du Caire, and Export Development Bank

Hossam Mounir

Banks wait for signal to include tourism in industry support initiative

Prime Minister allocates EGP 10bn to tourism sector, bringing value of initiative…

Hossam Mounir

Private banks in Egypt issue high-yield savings certificates

CIB offers 3-year certificate with a return of 22%, QNB Alahli raises…

Hossam Mounir

Banks discuss amending interest rates on their savings, loan products

Interest rates of variable-return certificates, some loan products rise automatically

Hossam Mounir

22 banks offer EGP 54.3bn in mortgage finance for low-income housing in February 2023

NBE provides EGP 15.464bn in mortgage finance to 133,864 customers, accounting for…

Hossam Mounir

Financial position of banks in Egypt breaks EGP 12trn barrier in November 2022: CBE

Bank deposits reach EGP 8.373trn with 28.99% growth, credit facilities increase to…

Hossam Mounir