Tag: banks

913 banks, financial institutions benefit from Egyptian Credit Bureau’s services

I-Score has database of credit information for 18.6 million individuals, 415k SMEs

Hossam Mounir Hossam Mounir

Egypt’s internal trade authority to open commercial registry offices in banks for first time

First Assistant Minister of Supply and Head of the ITDA, Ibrahim Ashmawy,…

Daily News Egypt Daily News Egypt

Financial position of banks in Egypt increases to EGP 6.676trn in August 2020: CBE

Volume of bank deposits records EGP 4.9trn, with credit facilities reaching EGP…

Hossam Mounir Hossam Mounir

Top 10 Egyptian market banks report EGP 14.661bn in net profits in September

QNB Alahli accounts for 38% of total profits achieved by top 10…

Hossam Mounir Hossam Mounir

Banks in Egypt discuss fate of interest rates following CBE’s cut

Yield of some savings certificates, loan products automatically decreases by 0.5%, while…

Hossam Mounir Hossam Mounir

Financial position of banks in Egypt up EGP 96.9bn in July 2020: CBE

Volume of doubtful debts allocations amounts to EGP 150.877bn, reserves amount to…

Hossam Mounir Hossam Mounir

Local currency deposits with Egypt banks up EGP 80.104bn in August: CBE

In a recent report, the CBE stated that demand deposits in local…

Hossam Mounir Hossam Mounir

6 banks provide EGP 15.4bn to ‘Mashro’ak’ programme by end of August 2020

Upper Egypt largest beneficiary of development projects implemented, seeing 79,000 projects put…

Daily News Egypt Daily News Egypt

Banks to study impacts of interest rate cut on savings, loan products

Returns on some savings certificates and loans automatically dropped by 0.5% after…

Shaimaa Raafat Shaimaa Raafat

CBE reveals bank performance indicators for H1 2020

Banking sector deposits rise to about EGP 4.7trn, financial position of banks…

Hossam Mounir Hossam Mounir