EALB, Egyptian Banks Company sign protocol to issue Meeza card
Bank aims to expand in retail banking, attract new customer segments, says EALB chairperson
Latest in Tag: Egyptian banks Highlight
Latest in Tag: Egyptian banks
CDC given approval to lend up to $200m Tier 2 capital to Egyptian banks
Increasing focus on Egypt will see CDC appoint country representative
18 Egyptian banks on UAB Top 100 African Banks ranking
Egyptian banks’ assets on the list account for 21% of total assets of Africa’s biggest 10, managing assets of $234.5bn
Lack of investment opportunities straining Egyptian banks
The liquidity of the pound has increased by EGP 64bn since the flotation; however, limited investment opportunities have hampered the growth of banks
Egyptian banks emerge as net winners post-25 January Revolution
Financial Times—Egyptian banks emerged as net winners after the 25 January Revolution in 2011 on significant net interest margin (NIM) expansion, supported by record-high treasury yields over 2012-2016. For the past six years, banks have been channeling excess liquidity to treasury investments. As such, banks’ treasury investments reached circa 45% of assets as of mid-2016 …
Egypt’s banking sector needs new policies to thrive: Booz Allen Hamilton
Egypt has been in a gradual state of banking consolidation in which the number of banks operating in Egypt has decreased from 61 in 2004 to 40 banks licensed by the CBE in 2015