Latest in Tag: SAIB Highlight
Latest in Tag: SAIB
saib reports net profit of $26.5m with 87% annual growth in September 2022
Bank’s net profit before taxes amounts to $38.9m up from $36.8m, with growth rate of 6%
saib achieves $16m net profit in June 2022, marking 79% growth
220% growth in online banking payments to EGP 411m in 1H 2022
saib continues geographical expansion by opening new branch in Shebin Al-Koum, Menoufiya
We aim to expand our branch network to competitive levels that combine modern design and outstanding level of banking service: Chairperson
saib achieves 46% growth in net profit at $7.68m in 1Q 2022
Bank expands its branch network to 36 branches, aims to add five more, with ATMs reaching 165 before year-end
saib achieves pre-provision, tax profit of $68.9m in 2021
Continuous growth of bank’s business is supported by ambitious expansion plans: Chairperson Al-Khouly
saib opens fourth financial education centre within digital transformation strategy
Amr Nosseir, Head of the bank’s Retail Banking Group and Distribution Channels, said that financial education centres are a new model presented by the bank as part of its digital transformation strategy. These centres are founded on the basis of self-service for customers who need quick services. They aim to attract young people whose daily lives revolve around modern technology.
saib registers $14.167m net profits in September 2021
The bank’s interest income recorded $299.5m in September 2021, compared to $302.3m in September 2021, a decrease of 1%. While interest expenses amounted to $199.121m compared to $209.8m.
saib coordinates EGP 750m syndicated loan for Dorra Group’s CRC
saib acted as bookrunner and agent of the deal, while the National Bank of Egypt participated as a bookrunner and financing promoter, and the Suez Canal Bank also served as bookrunner.
saib aims to achieve 200% growth in net profit year-end: chairperson
Bank has 1.31% market share of total loans, 1.47% deposit market share: El Khouly
SAIB launches new brand identity
Identity and branding reflect the bank’s core values of unity, trustworthiness, strength, and stability: El-Kholy
SAIB offers Meeza prepaid card free of charge
Card part of bank’s strategy to support financial inclusion, says El Kholy
SAIB arranges syndicated loan of EGP 750m for Kharafi National’s infrastructure projects
EBE, IDB, Baraka Bank participate in providing the loan
13 banks in Egypt score EGP 8.48bn in net profits in 1Q19
CIB ranks 1st with profits of EGP 2.64bn, QNB AlAhli follows, Faisal Islamic Bank in 3rd
Banking alliance arranges EGP 3.1bn worth joint loan for Samcrete Egypt
Coalition includes NBE, Banque Misr, Banque du Caire, SAIB, EDBE, Suez Canal Bank
Nine private, foreign banks in Egypt gain net profits of EGP 25.80bn in 2018
Five banks only earn billions in net profits, other banks acquired under EGP 1bn each
CIB named best bank in Egypt this year, Ahli United Bank most efficient, NBE dominates customer satisfaction: Business News
EG Bank doubles its financial position, remains fastest growing bank for the second year in a row