The deposits of Egypt’s second biggest bank, the state-owned Banque Misr have jumped to 440 billion Egyptian …
deposits
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Banks
Egypt’s United Bank: bad loans edge higher on currency float move
by Yomna Yasserby Yomna YasserThe state-run United Bank of Egypt’s portfolio of bad loans has surged to 3.5 billion Egyptian pounds …
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Banks
Deposits at Egypt’s banks rise to 2.172 trillion pounds in August
by Yomna Yasserby Yomna YasserThe total volume of deposits at banks operating in Egypt, aside from the central bank, have surged …
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Banks
Egypt’s NBE bank: new high-yield deposit certificates attract 61,000 new clients
by Yomna Yasserby Yomna YasserThe National Bank of Egypt’s high-yielding certificates of deposits, launched following Nov.3 currency floatation, have attracted around …
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Egypt’s eighth largest commercial bank, Bank Audi S.A.E., is targeting growth rates of more than 20 percent …
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Tech news
Fawry collects social housing instalments from 170,000 customers in fortnight
by Ghada Ismailby Ghada IsmailFawry has recently taken part in collecting instalments for social housing unit deposits through the payment points …
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Deposits in savings fund of Egypt’s Postal Authority reached 100.6 billion Egyptian pounds (US$11.3 billion) in financial …
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Banks
Egypt’s Nasser Social Bank mulls launch of new savings certificates
by Yomna Yasserby Yomna YasserEgypt’s Nasser Social Bank (NSB) is studying launching a three-year savings certificate for Egyptian pounds compliant with …
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Banks
Emirates NBD hopes to become among Egypt’s top five private banks in 4 yrs
by Yomna Yasserby Yomna YasserEmirates NBD says it is seeking to become one of the top five players in the Egyptian …
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Barclays PLC posted a 32 percent y-o-y higher profits in Egypt during the first half of the …