Tag: banks

Total financial position of banks in Egypt stands at EGP 8.758trn in October 2021

Total bank deposits increase to EGP 6.191trn, credit facilities reach EGP 2.996trn

Hossam Mounir

EGP 53.774bn increase in local currency deposits at banks in Egypt during May 2021: CBE

Volume of term deposits, proceeds of savings certificates in foreign currencies increased…

Hossam Mounir

12 banks in Egypt report EGP 6.495bn net profits during Q1 2021

CIB accounts for 44.27% of 12-bank profits, whilst HDB ranks second with…

Hossam Mounir

4 banks acquire 90% of Islamic banking in Egyptian market

Faisal Islamic Bank of Egypt ranked first with EGP 119bn turnover in…

Daily News Egypt

Financial position of banks in Egypt increases to EGP 7.3trn in February: CBE

Foreign investments in Egypt’s T-bills amount to EGP 313.68bn in March 2021

Hossam Mounir

Financial position of banks in Egypt rises to EGP 7.158trn in January 2021: CBE

Net foreign assets increase by EGP 152.5bn over 7 months

Hossam Mounir

Banks in Egypt increase capital to comply with new banking law

Law stipulates minimum capital of EGP 5bn for banks operating in Egyptian…

Hossam Mounir

Banks in Egypt see EGP 50.921bn increase in net foreign assets in February 2021: CBE

Proceeds of saving certificates, deposits in local currency rise by EGP 76.77bn…

Hossam Mounir

CBE, Supply Ministry sign finance agreement to develop bakeries through banks

Agreement comes as part of Presidential directives to maximise use of Egypt’s…

Hossam Mounir

Banks in Egypt see EGP 2.448trn credit facilities in November 2020: CBE

Total bank deposits rose to EGP 5.126trn in November 2020, compared to…

Hossam Mounir