Latest in Banking Highlight

Advertising Area





Latest in Banking


Customers have right to check validity of their credit records: I-Score

Individuals, as well as small and medium enterprises, can check the validity of their credit records on their own, through asking for Self Inquiry via bank portals and the member companies that offer this service, according to Mohamed Refaat, I-Score Managing Director and Board Member. Refaat explained that if the customers find a mistake in …

Hossam Mounir

Clients have right to object to credit reports: I-Score Managing Director

Clients have the right to raise complaints to object to the incorrect data and reports in the their credit reports within 15 days from the date of receiving reports, according to managing director of I-Score company, Mohamed Refaat. If no complaints are made during this period, data and information in reports will be considered correct …

Hossam Mounir

Throughout 2012, Egypt’s Social Fund for Development (SFD) signed a number of contracts with foreign countries totalling $418m. (Photo: Courtesy of Facebook Fan Page)

25 banks contribute to I-Score’s capital alongside the SFD

Banks in the Egyptian market are contributing to I-Score alongside the Social Fund for Development (SFD). The list of banks include the National Bank of Egypt (NBE), Al-Ahli United Bank, HSBC, Banque Misr, Alex Bank, Intesa SanPaolo bank, Union National Bank-Egypt, Commercial International Bank-Egypt, Qatar National Bank (QNB), and Al Baraka Bank-Egypt. The Industrial Development …

Hossam Mounir

CIB amongst best 100 Arab entities: Forbes

Forbes, the international business magazine, has included the Commercial International Bank-Egypt (CIB) in its annual list of the strongest companies in the Arab world, for the year 2015. The CIB’s market value amounted to $6.3bn, with its assets estimated at approximately $20bn. Forbes’ annual list included 19 Egyptian companies, with a market value estimated at …

Hossam Mounir

Banque du Caire launches charity convoy for third consecutive year

Banque du Caire has continued its organisation of the charities convoy launched three years ago. According to the banks’ Chairman and CEO, Mounir El-Zahid, this year’s convoy was distributed among the governorates of Minya, Fayuom, Giza, Beni Suef, Qena and Luxor. El-Zahid explained that since the convoy was launched in 2013. The bank was keen …

Daily News Egypt

WASME to hold annual conference in Cairo in September: Vice President

The World Association for Small and Medium Enterprises (WASME) has decided to hold its annual conference in September in Cairo instead of Kenya. The decision was taken due to the association’s interest in the Egyptian market, according to Dr Khaled Nagaty, Vice President – MENA Region at the association. Nagaty explained, in a special interview …

Hossam Mounir