Latest in Tag: Banque Misr Highlight
Latest in Tag: Banque Misr
Banking and Insurance Special:Flurry of conventional banks enter Islamic banking sector
In a bid to increase profits, furious competition ensues in the Islamic banking sector between Egyptian banking heavyweights like NBE and Banque Misr
Critical week for return rates on banking sector bonds
Furious competition in Egypt’s banking sector as banks race to raise interest rates on bonds
Egypt: Banks attracting Gulf investors
By Robert Tashima Despite an uncertain political climate and a sluggish economic recovery, the long-term prospects of Egyptian banks are attracting attention from their Gulf counterparts. Two recently announced acquisitions have brought the sector back into the headlines on a positive note, helping offset a recent ratings downgrade. While the transactions also represent the …
Banque Misr chases Turkish delights
The bank’s chairman denied any political motivations behind the office’s inauguration
Investor and state interests in conflict over government land-use proposal
A policy under study by the Ministry of Investment would only allow investment in government land under a usufruct system.
Banque Misr diversifies automobile loans
By Ayat El-Battawy Banque Misr has pledged to increase its credit portfolio for automobile loans by EGP 300 million by the end of the current fiscal year. The bank’s automobile loans portfolio will reach EGP 600m after the increase. An official with the bank said that automobile loans reached EGP 300 million at the end …