Egypt’s Commercial International Bank (CIB), the largest private bank in the country, on Tuesday posted a 23.5 …
Tag:
non-performing loans
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Al Baraka Bank-Egypt, part of Bahraini Islamic lender Al Baraka Group, witnessed an improvement in the quality …
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Italian Finance Minister Pier Carlo Padoan is confident that measures carried out by his government to strengthen …
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Bank in Europe still hold “a very high” €988 billion ($1.17 trillion) in non-performing loans (NPLs) on …
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Banks
Nonperforming loans drop by 5.7% in Egypt’s banks at end-March: CBE
by Yomna Yasserby Yomna YasserThe ratio of non-performing loans at banks operating in the Egyptian market fell to 5.7 percent of …
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Banks
National Bank of Egypt may delay tourism clients’ installments to 2018-end
by Yomna Yasserby Yomna YasserEgypt’s largest bank, the state-owned National Bank of Egypt (NBE) may delay collecting debts for clients operating …
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Banks
Egypt’s state agriculture bank inks debt settlements with 5200 clients
by Yomna Yasserby Yomna YasserEgypt’s main agricultural lender PBDAC has signed debt settlement agreements swith 5200 clients during the first four …
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Financial Institutions
Fitch: China’s toxic debt pile may be 10 times official estimates
by Yomna Yasserby Yomna YasserToxic loans in the Chinese financial system could be 10 times as high as official estimates suggest, …
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Banks
National Bank of Egypt plans major cut in bad loans by FY2016/17
by Yomna Yasserby Yomna YasserThe National Bank of Egypt (NBE), the country’s largest public lender, plans to reduce its non-performing loans …
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