NBAD targets 60% profits growth, 30% loans, 25% in deposits by year-end: NBAD-Egypt CEO
Egypt is among top five markets in which NBAD provides all banking…
Arab Bank Group’s net profits to end of September reach $615.1m
These results reflect the bank’s successful execution of its strategy, despite the…
Non-performing loans fell to 7.6% by end of June: CBE
CBE issued an important Financial Soundness Indicators report; loans to deposits ratio…
QNB-Alahli acquires 7.95% of total loans, 5.62% of deposits for banks operating in Egypt
The bank’s loans-to-deposits ratio increased to 58%, compared to the 41% average…
Investment loans for farmers register EGP 9bn in FY 2013/2014: CAPMAS
Loans increased by 24.2% when compared to FY 2012/2013
EGP 10bn sovereign fund ready for investment in H2 of FY 2015/2016: Planning minister
Egypt will sign agreement with Saudi Fund for Development to provide fuel…
Money pools spread to avoid interest rates on loans
Banks should offer new products and incentives suitable for low-income citizens, reconsider…
Moody’s stable outlook for banks followed positive performance: Banking expert
Ratings agency Moody’s upgrades banking sector outlook from negative to stable
