Latest in Tag: Suez Canal Bank Highlight
Latest in Tag: Suez Canal Bank
Suez Canal Bank’s financial position scored EGP 45.3bn at end September: chairperson
Bank sold 12 of assets it obtained worth EGP 293m
Governance is essential for banking sector to protect rights of shareholders, depositors: Suez Canal Bank head
Setting policies to ensure transparency, disclosure when dealing with CBE, FRA, says El-Refaie
Suez Canal Bank to see significant turnaround in asset quality in 2018: report
Lending growth is expected to increase to EGP 2.407m in 2022
Suez Canal Bank sees weak earnings growth y-o-y on pressured NIM, higher CTI amid subdued lending: Beltone
Suez Canal Bank (SCB) reported a bottom line of EGP 115m at the end of the first quarter (Q1) of 2018, still 2.5% more year-over-year (y-o-y), and 36% higher quarter-over-quarter (q-o-q), according to Beltone Financial, which issued a report analysing the performance of 10 banks operating in Egypt. According to the report, the relatively flat …
Suez Canal Bank general assembly re-elects board of directors headed by Hussein Refaei
New retail banking sector to be established to create diversity in bank’s products, broaden its client base, Refaei says
Suez Canal Bank achieved net profit of EGP 356m by end-2017
Total bank budget rose to EGP 40bn, up by EGP 8.6bn from 2016
Amer took responsibility for many difficult, brave decisions: Abdelaal
CBE governor is a man in love with Egypt, says board member of Suez Canal Bank
Suez Canal Bank plans to break into retail banking, real estate finance, SME financing in its new strategy: chairperson
The bank has established 3 new departments specialised in these activities and is currently preparing its own cadres: Refaei
The new board of directors of the Suez Canal Bank is soon to finalise its strategy: Chairperson
We aim to expand the bank’s customer base, increase the number of its branches, provide different banking products, and support all sectors of the bank: El-Refaie
Micro, Small and Medium Enterprise Development Authority sign 2 contract with Suez Canal Bank worth EGP 100m to fund small enterprises
Suez Canal Bank is set to increase the portfolio of small and medium enterprises loans to EGP 400m by the end of the year, up from EGP 140m: El-Refaie
Suez Canal Bank appoints Hussein El-Refaie as new chairperson
The new board will hold its first meeting within days to discuss the bank’s strategy over the next three years amid expectations of achieving profits of EGP 1bn by the end of 2017
Metropolitan Egypt, Suez Canal Bank to reschedule Home Care’s EGP 23m dues
We seek to find an investor to acquire a 49% stake in the company to pay part of the dues and restart the factory, Nagati says
State banks boost their investment in treasury bills by EGP 13.8bn in July: CBE
Banking sector accounts for 77% of total outstanding balances of bills
Egypt bears ingredients to successfully overcome economic crisis and compete with other countries: Abdul Aal
Egypt’s greatest challenge is that it imports 70% of its needs, and importing unnecessary goods must be limited for at least 3 years
How can Al-Sisi fulfil his promise to solve the US dollar shortage in 170 days?
Stability of the foreign exchange market requires the government and the CBE to take unconventional and bolder measures, says Abdel Aal