Standard & Poor’s (S&P) Ratings Services has revised Tuesday its outlook on the Commercial International Bank (CIB), …
egyptian banks
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Financial Institutions
Moody’s: New funding for SME lending to diversify Egyptian banks’ revenues
by Yomna Yasserby Yomna YasserThe global rating agency Moody’s stated Monday that the Egyptian banks have recently been receiving larger amounts …
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Banks
Moody’s assigns Counterparty Risk Assessments to five Egyptian Banks
by Yomna Yasserby Yomna YasserMoody’s Investors Service assigned Tuesday counterparty risk assessments (CR Assessments) to five Egyptian banks. It has assigned …
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Banks
Egypt Banks saw Cash Inflows of over $400 mln in a Week: CBE Governor
by Yomna Yasserby Yomna YasserOver $400 million were sold to Egyptian banks in cash last week, announced the governor of the …
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The Ministry of Finance has asked local banks to manage funds worth LE 10.5 billion from which …
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Banks
C. Bank: EGP830bln Total Value of Banks’ Securities in July 2014
by Salma Aymanby Salma AymanThe total value of Egyptian banks’ securities reached around EGP830 billion at the end of July 2014 …
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Egypt’s prime minister said on Thursday its banks would issue five-year “Suez Canal investment certificates” with a …
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The Italian Technical Cooperation Agency will be opening soon a new credit line with a number of …
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Hisham Ramez, Governor of Central Bank of Egypt (CBE), said that the Egyptian banks will be operated …
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The Egyptian Gulf Bank (EGB) approved the estimated budget which aims to increase net profit by 28% …