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Mohamed El-Etreby, FEB Chairperson stressed that there are no Egyptian banks, or banks operating in Egypt that purchased Ethiopian government bonds
FEB called on citizens to abide by these procedures, so that banks can continue providing their services smoothly and safely.
The donations have been collected by banks, El-Etreby said in television statements on Wednesday, adding that employees can also make separate donations if they wish to. He noted that the Ministry of Social Solidarity is responsible for disbursing the funds as it sees fit.
Bank donations divided into four segments according to 2019 profits
Okasha as deputy chairperson, Abaza as treasurer
FEB allocates EGP 100m for establishment of Egypt’s first sustainable school “Hawiytona”
Federation adopted initiative to develop informal housing areas in Cairo and Giza
Banque du Caire’s chairperson holds over 30 years of banking experience in international, local institutions
Following this decision, the FEB formed a specialised committee to study this decision and its impact on the banks’ profits.
Protocols signed at Council of Ministers’ headquarters, attended by Prime Minister, Minister of Housing
The Federation of Egyptian Banks (FEB) and the Federation of Egyptian Industries (FEI), in collaboration with the Centre for International Private Enterprise, will hold the second conference on the transformation into a non-monetary economy on 16 January 2018. The conference will be opened by Hisham Ezz El Arab, president of the FEB; Mohamed El Sewidi, …
Civil society organizations contributed EGP 45m: Cairo Governor
Members are approaching consent on the new law: senior banker
The Federation of Egyptian Banks (FEB) signed a cooperation protocol with the Department of Military Works of the Armed Forces Engineering Authority and the governorates of Cairo and Giza to develop the infrastructure and boost human development in Helwan, Badrashin, and Manishiet Al Qanater. According to Hesham Ezz El Arab, chairperson of the FEB, the …
Sharkawy, Tantawi leave FEB, El-Kosayer, Sakr join the new board
Federation of Egyptian Banks prepares a note of its remarks on the bill, which will be sent to the CBE and the legislative committee of the Ministry of Justice
The federation sent a memo to the CBE, detailing the banks’ rejection to registering under VAT, in preparation to discuss the issue with the Finance Ministry, says Tantawy
I’m calling for the formation of a committee to review the laws governing economic activity in Egypt, says Ruqaya Riad
When I read the Central Bank of Egypt (CBE) Law No. 88 of 2003, known as the Banking Law, I could not help but notice Article No. 44 regarding the Federation of Egyptian Banks (FEB).To save the effort of interpreting the law for non-specialists, I will list a summary in the following points: The CBE …
The FEB will submit the memorandum to Tarek Amer, governor of the Central Bank of Egypt (CBE), requesting that Amer address the new Minister of Finance, according to Adnan El-Sharqawi, Deputy Chairman of the Egyptian Arab Land Bank and an FEB board member
Since becoming CBE governor in February 2013, Ramez faced many challenges, most notably attempts by the Muslim Brotherhood to change the operations of the institution. He worked hard to maintain the bank’s independence throughout the controversial period.
Demands include the postponement of dues to banks for more than a year, to spread them out in instalments, according to sources
The financing process has great importance for survival of small and medium-sized construction companies, says Daker Abdellah
Development plan in cooperation between FEB, Cairo governorate, administration of military works of the armed forces, and Ministry of Local Development
Banks have already doubled the value of their contracts with the Ministry of Interior to pay for increased security at their branches