Latest in Tag: credit Highlight
Latest in Tag: credit

HSBC sees huge opportunity for credit card growth: Bank’s head of retail and wealth management
Three main factors affect how high or low credit card penetration can be in a country, HSBC official explained

Private business accounts for 63.2% of credit facilities end of March: CBE report
Central bank announces 2.6% increase in total credit facilities

Banking outlook remains negative, unchanged since 2011: Moody’s
Government continues to rely on local banks to fill funding gap in the absence of foreign investment, the international rating agency says

Egypt’s banks lend less, earn more
Ambitious plans by Egypt’s banks to expand credit portfolios hindered by the country’s ongoing political turmoil
IHS cuts Egypt’s banking sector rating to “significant risk”
IHS expects the country’s economic growth to remain low over the next 12 months.

Turkey pumps $250m more in its credit line to Egypt
Experts: Good step, but no impact on cash reserves
Vodafone offers post-paid customers a new billing experience
Affirming its leadership in meeting customers’ needs, Vodafone Egypt, a top mobile operator, offers its post-paid customers a new billing experience that guarantees utmost customer satisfaction. Vodafone Egypt reports that the new bill will contain detailed information of post-paid customers’ internet monthly usage, costs of local, international and roaming calls, monthly subscriptions and additional services. …

Hungary prepares for tough credit talks with IMF-EU
Budapest (AFP) – Hungary and the International Monetary Fund (IMF) will take a new stab at a 15-billion-euro credit line deal, starting on Tuesday, following months of delay due to controversial central bank reforms. A delegation of representatives from the IMF and European Union (EU) is due to arrive in Budapest Tuesday for negotiations until …