Latest in Tag: FEB Highlight
Latest in Tag: FEB
Federation of Egyptian Banks contributes EGP 500m towards COVID-19 vaccine
Banks working in Egyptian market have donated over EGP 750m towards this cause
FEB refutes rumors of Egyptian banks funding GERD
Mohamed El-Etreby, FEB Chairperson stressed that there are no Egyptian banks, or banks operating in Egypt that purchased Ethiopian government bonds
FEB orders obligatory mask-wearing in banks, starting next week
FEB called on citizens to abide by these procedures, so that banks can continue providing their services smoothly and safely.
FEB donates EGP 700m to seasonal workers
The donations have been collected by banks, El-Etreby said in television statements on Wednesday, adding that employees can also make separate donations if they wish to. He noted that the Ministry of Social Solidarity is responsible for disbursing the funds as it sees fit.
FEB, CBE launche initiative to support coronavirus affected
Bank donations divided into four segments according to 2019 profits
El-Etreby tapped as FEB Chairperson for three-year term
Okasha as deputy chairperson, Abaza as treasurer
FEB demarcates 25% of slums development budget for education: Ezz Al-Arab
FEB allocates EGP 100m for establishment of Egypt’s first sustainable school “Hawiytona”
FEB allocates EGP 18.5m to develop two schools in Helwan
Federation adopted initiative to develop informal housing areas in Cairo and Giza
Fayed selected as FEB board member
Banque du Caire’s chairperson holds over 30 years of banking experience in international, local institutions
Finance Ministry, FEB will decide tax accounting on government debt instrument Wednesday
Following this decision, the FEB formed a specialised committee to study this decision and its impact on the banks’ profits.
FEB, Finance Ministry end tax disputes between banking sector, ETA
Protocols signed at Council of Ministers’ headquarters, attended by Prime Minister, Minister of Housing
FEB, FEI organise conference on transformation into non-monetary economy for 16 January
The Federation of Egyptian Banks (FEB) and the Federation of Egyptian Industries (FEI), in collaboration with the Centre for International Private Enterprise, will hold the second conference on the transformation into a non-monetary economy on 16 January 2018. The conference will be opened by Hisham Ezz El Arab, president of the FEB; Mohamed El Sewidi, …
FEB contributed EGP 35m to the development of Khedival Cairo
Civil society organizations contributed EGP 45m: Cairo Governor
FEB receives final notes on new banks law on Sunday
Members are approaching consent on the new law: senior banker
Banks allocate EGP 170bn to develop infrastructure of a number of areas in Cairo and Giza
The Federation of Egyptian Banks (FEB) signed a cooperation protocol with the Department of Military Works of the Armed Forces Engineering Authority and the governorates of Cairo and Giza to develop the infrastructure and boost human development in Helwan, Badrashin, and Manishiet Al Qanater. According to Hesham Ezz El Arab, chairperson of the FEB, the …
Ezz Al-Arab named chairperson of FEB for three more years
Sharkawy, Tantawi leave FEB, El-Kosayer, Sakr join the new board
Egypt’s new “restructuring, pre-insolvency conciliation, and bankruptcy” bill
Federation of Egyptian Banks prepares a note of its remarks on the bill, which will be sent to the CBE and the legislative committee of the Ministry of Justice
FEB declares definitive rejection of applying, registering under VAT Law: board member
The federation sent a memo to the CBE, detailing the banks’ rejection to registering under VAT, in preparation to discuss the issue with the Finance Ministry, says Tantawy
Bureaucracy, legislation forest drives investors away from Egypt: FEB legal advisor
I’m calling for the formation of a committee to review the laws governing economic activity in Egypt, says Ruqaya Riad
Federation of Egyptian Banks and lost independence
When I read the Central Bank of Egypt (CBE) Law No. 88 of 2003, known as the Banking Law, I could not help but notice Article No. 44 regarding the Federation of Egyptian Banks (FEB).To save the effort of interpreting the law for non-specialists, I will list a summary in the following points: The CBE …
FEB calls for real estate tax emption for banks holding foreclosed properties
The FEB will submit the memorandum to Tarek Amer, governor of the Central Bank of Egypt (CBE), requesting that Amer address the new Minister of Finance, according to Adnan El-Sharqawi, Deputy Chairman of the Egyptian Arab Land Bank and an FEB board member
Outgoing CBE governor honoured by FEB
Since becoming CBE governor in February 2013, Ramez faced many challenges, most notably attempts by the Muslim Brotherhood to change the operations of the institution. He worked hard to maintain the bank’s independence throughout the controversial period.
CBE governor, FEB to meet with tourism investors in South Sinai Sunday
Demands include the postponement of dues to banks for more than a year, to spread them out in instalments, according to sources
FEB holds workshops with small companies to study financing processes: EUC member
The financing process has great importance for survival of small and medium-sized construction companies, says Daker Abdellah
FEB develops 17 informal areas
Development plan in cooperation between FEB, Cairo governorate, administration of military works of the armed forces, and Ministry of Local Development
Who bears the cost of increased security—Banks or private firms?
Banks have already doubled the value of their contracts with the Ministry of Interior to pay for increased security at their branches