Latest in Tag: Banking Highlight
Latest in Tag: Banking
Banking consortium is comprised of National Bank of Egypt (EGP 462m), Egyptian Arab Land Bank (EGP 300m), and Industrial Development Bank (EGP 200m)
Company to issue 25,000 Meeza cards, aims to increase them to 100,000 cards, says Ahmed Al-Khatib
National Bank of Egypt receives $100m from European Investment Bank to support SMEs
Foreign currency deposits rose by $1bn in April
Bankers, experts forecast e-payments will grow significantly in coming period
The National Bank of Egypt (NBE) is leading an alliance of banks working in the Egyptian market to arrange an increase in financing for Oilex, an Egypt-based international company for the extraction of multiple forms of oils.
Bank extends exemptions for attending banks’ board meetings until 2021 end
This came in addition to the decrease in the volume of foreign liabilities, equivalent to about EGP 19.65bn. It reached the equivalent of about EGP 704.338bn in September, compared to the equivalent of about EGP 723.988bn in August.
Dr Dalia Abdel Kader will moderate MENA session at Annual Global Round Table
CBE takes steady steps, initiatives to support fintech in Egypt
Insurance policy between Allianz and CIB has been effective as of 1 July 2020
After coronavirus, digitalising financial services become necessary to ensure customers’ comfort, safety, says Credit Agricole official
FEB called on citizens to abide by these procedures, so that banks can continue providing their services smoothly and safely.
Allowing self-registration for e-wallet services contributes to speeding up digital transformation of financial transactions
CVentures is excited at the prospect of working closely with Countingup, and we look forward to helping them achieve their vision and grow into additional markets: Director at CVentures
Hisham Okasha, Chairperson of NBE, said the arrangement of this loan comes in light of the participating banks’ strategies to provide necessary funds for energy projects in local and foreign currencies because of their importance in advancing development and supporting the Egyptian economy.
Bank profits reach EGP 83.184bn last December: CBE
Bank to give doctors, nurses priority in service inside branches
Bank aims to teach younger generation how to manage their money, grow their assets: deputy chief operation officer
Top five banks hold 48.98% of total profits, and biggest 10 gain EGP 42.13bn
The factory is being built in Idku, Beheira, with a production capacity of 205,000 annually, at a total cost of €215m
Italian investments in Egypt to be doubled next year to €3.2bn, says Romano
Attijariwafa Bank Egypt opened four new branches in Cairo and Giza
New law reinforces the independence of the CBE and banks’ boards of directors, prepares Egyptian market for a new era in financial technology
Banks will begin Sunday to discuss the fate of interest on their CDs, deposits, and loans
Institute started offering more developed training courses to support financial inclusion, says EBI Executive Director
EGP 64bn in CDs to mature on Thursday, banks offer new products to attract liquidity
Locally operating banks receive 25% of EBRD funding portfolio in Egypt, says EBRD’s VP for Banking
New banking draft law negatively affects dividends of small capital banks, slight impact of IFRS 9 on capital
Investments of banks operating in local market in government debt instruments amount to EGP 680.882bn