Faisal Islamic Bank of Egypt said on Wednesday has selected Intellect Global Consumer Banking (iGCB), to power …
Tag:
Egypt’s Banking System
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Egypt is studying opening a new round of foreign bank licencing in the coming period, a senior …
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Banks
Egypt central bank says $57 bln cash flow into banks in 8 months – paper
by Yomna Yasserby Yomna YasserCash inflows into Egypt’s banking system totalled more than $57 billion since Egypt floated its currency in …
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Financial Institutions
Moody’s: Drop in Egypt’s foreign reserves ‘credit negative
by Yomna Yasserby Yomna YasserThe steady drop of Egypt’s international foreign reserves is “credit negative,” according to a report released by …
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Financial Institutions
Moody’s changes Egypt Banking System Outlook to ‘Stable’ – Statement
by Yomna Yasserby Yomna YasserMoody’s Investors Service announced Wednesday it has changed the outlook for Egypt’s banking system to stable from …
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Banks
Federation of Egyptian Banks Plans EGP200 mln Contribution to Informal Areas
by Yomna Yasserby Yomna YasserFederation of Egyptian Banks(FEB) plans to allocate EGP 200 million from the Banking System’s profits by the …