Tag: banks

Financial position of banks in Egypt rises to EGP 7.158trn in January 2021: CBE

Net foreign assets increase by EGP 152.5bn over 7 months

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Banks in Egypt increase capital to comply with new banking law

Law stipulates minimum capital of EGP 5bn for banks operating in Egyptian…

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Banks in Egypt see EGP 50.921bn increase in net foreign assets in February 2021: CBE

Proceeds of saving certificates, deposits in local currency rise by EGP 76.77bn…

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CBE, Supply Ministry sign finance agreement to develop bakeries through banks

Agreement comes as part of Presidential directives to maximise use of Egypt’s…

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Banks in Egypt see EGP 2.448trn credit facilities in November 2020: CBE

Total bank deposits rose to EGP 5.126trn in November 2020, compared to…

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EGP 1.166trn increase in financial position of banks in Egypt during 2020: CBE

Banks report EGP 325.761bn reserves, EGP 162.274bn provisions to nonperforming loans

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Financial position of banks in Egypt approaches EGP 7trn in October 2020: CBE

Banks’ total capital reaches EGP 174.592bn, reserves EGP 314.082bn, provisions to nonperforming…

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Central Bank of Egypt reveals market performance indicators in September 2020

Customer deposits break EGP 5trn mark for first time in local market

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Banks adhere to cash dividends halt in Egypt to support capital base

Decision aims to maintain banking sector’s integrity, take proactive steps to meet…

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Central Bank halts cash dividends at banks in anticipation of continued pandemic

Banks will not make cash dividends from profits or retained earnings to…

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