{"id":649871,"date":"2017-03-12T04:13:43","date_gmt":"2017-03-12T04:13:43","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/positive-reversals-in-banking-sectors-earnings-hint-at-lower-political-risks-in-egypt\/"},"modified":"2017-03-12T04:13:43","modified_gmt":"2017-03-12T04:13:43","slug":"positive-reversals-in-banking-sectors-earnings-hint-at-lower-political-risks-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/positive-reversals-in-banking-sectors-earnings-hint-at-lower-political-risks-in-egypt\/","title":{"rendered":"Positive reversals in banking sector\u2019s earnings hint at lower political risks in Egypt"},"content":{"rendered":"<p><strong>Do bank shares point to reduced political risk in Egypt? <\/strong>That\u2019s the contention of <a href=\"https:\/\/www.bloomberg.com\/gadfly\/articles\/2017-03-09\/bank-analysts-signaling-political-risk-is-so-last-year\">BloombergGadfly<\/a>\u2019s Christopher Langer, who writes that \u201cFinancial institutions in countries with high political risk have seen some of the steepest positive earnings revisions so far this year. <strong>In Egypt, for example, the median bank is now expected to make 20.7 percent more in the next 12 months than was the case when 2017 started<\/strong>.\u201d Langer cautions that while Egypt looks better now than it did six months ago, the recent bread protests are a sign that there may be more turbulence to come.<\/p>\n<p>On a side note,<strong> the banking sector is reportedly gearing up to play musical chairs<\/strong>, reports <a href=\"http:\/\/www.dailynewsegypt.com\/2017\/03\/11\/market-awaits-changes-bank-leadership-mid-april\/\">Daily News Egypt<\/a>, which cites unnamed industry sources as noting that a number of MDs and board members are due to step down by 15 April. The story reminds readers that <strong>the Central Bank of Egypt has to sign off on any change of management <\/strong>or appointment to a board at an Egyptian bank.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Do bank shares point to reduced political risk in Egypt? That\u2019s the contention of BloombergGadfly\u2019s Christopher Langer, who writes that \u201cFinancial institutions in countries with high political risk have seen some of the steepest positive earnings revisions so far this year. In Egypt, for example, the median bank is now expected to make 20.7 percent [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":649872,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-649871","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"39547c86-0e5d-4757-84f1-86d4ad2a6139","order":"0","is_powered_by":true,"section_story_id":"3ea0766c-19ef-45c7-9ef8-cd8202f19009","story_type":"1","photo_url":"https:\/\/ent.news\/2017\/3\/865.jpg","photo_position":"above","related_issue":[649861],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Positive reversals in banking sector\u2019s earnings hint at lower political risks in Egypt - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/positive-reversals-in-banking-sectors-earnings-hint-at-lower-political-risks-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Positive reversals in banking sector\u2019s earnings hint at lower political risks in Egypt\" \/>\n<meta property=\"og:description\" content=\"Do bank shares point to reduced political risk in Egypt? That\u2019s the contention of BloombergGadfly\u2019s Christopher Langer, who writes that \u201cFinancial institutions in countries with high political risk have seen some of the steepest positive earnings revisions so far this year. In Egypt, for example, the median bank is now expected to make 20.7 percent [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/positive-reversals-in-banking-sectors-earnings-hint-at-lower-political-risks-in-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-12T04:13:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/865.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/positive-reversals-in-banking-sectors-earnings-hint-at-lower-political-risks-in-egypt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/positive-reversals-in-banking-sectors-earnings-hint-at-lower-political-risks-in-egypt\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Positive reversals in banking sector\u2019s earnings hint at lower political risks in Egypt\",\"datePublished\":\"2017-03-12T04:13:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/positive-reversals-in-banking-sectors-earnings-hint-at-lower-political-risks-in-egypt\/\"},\"wordCount\":179,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/positive-reversals-in-banking-sectors-earnings-hint-at-lower-political-risks-in-egypt\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/865.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/positive-reversals-in-banking-sectors-earnings-hint-at-lower-political-risks-in-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/positive-reversals-in-banking-sectors-earnings-hint-at-lower-political-risks-in-egypt\/\",\"name\":\"Positive reversals in banking sector\u2019s earnings hint at lower political risks in Egypt - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/positive-reversals-in-banking-sectors-earnings-hint-at-lower-political-risks-in-egypt\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/positive-reversals-in-banking-sectors-earnings-hint-at-lower-political-risks-in-egypt\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/865.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2017-03-12T04:13:43+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/positive-reversals-in-banking-sectors-earnings-hint-at-lower-political-risks-in-egypt\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/positive-reversals-in-banking-sectors-earnings-hint-at-lower-political-risks-in-egypt\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/positive-reversals-in-banking-sectors-earnings-hint-at-lower-political-risks-in-egypt\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/865.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/865.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/positive-reversals-in-banking-sectors-earnings-hint-at-lower-political-risks-in-egypt\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Positive reversals in banking sector\u2019s earnings hint at lower political risks in Egypt\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Positive reversals in banking sector\u2019s earnings hint at lower political risks in Egypt - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/positive-reversals-in-banking-sectors-earnings-hint-at-lower-political-risks-in-egypt\/","og_locale":"en_US","og_type":"article","og_title":"Positive reversals in banking sector\u2019s earnings hint at lower political risks in Egypt","og_description":"Do bank shares point to reduced political risk in Egypt? That\u2019s the contention of BloombergGadfly\u2019s Christopher Langer, who writes that \u201cFinancial institutions in countries with high political risk have seen some of the steepest positive earnings revisions so far this year. In Egypt, for example, the median bank is now expected to make 20.7 percent [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/positive-reversals-in-banking-sectors-earnings-hint-at-lower-political-risks-in-egypt\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-03-12T04:13:43+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2017\/3\/865.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/positive-reversals-in-banking-sectors-earnings-hint-at-lower-political-risks-in-egypt\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/positive-reversals-in-banking-sectors-earnings-hint-at-lower-political-risks-in-egypt\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Positive reversals in banking sector\u2019s earnings hint at lower political risks in Egypt","datePublished":"2017-03-12T04:13:43+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/positive-reversals-in-banking-sectors-earnings-hint-at-lower-political-risks-in-egypt\/"},"wordCount":179,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/positive-reversals-in-banking-sectors-earnings-hint-at-lower-political-risks-in-egypt\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2017\/3\/865.jpg?fit=%2C&ssl=1","keywords":["EnterpriseAM","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/positive-reversals-in-banking-sectors-earnings-hint-at-lower-political-risks-in-egypt\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/positive-reversals-in-banking-sectors-earnings-hint-at-lower-political-risks-in-egypt\/","name":"Positive reversals in banking sector\u2019s earnings hint at lower political risks in Egypt - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/positive-reversals-in-banking-sectors-earnings-hint-at-lower-political-risks-in-egypt\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/positive-reversals-in-banking-sectors-earnings-hint-at-lower-political-risks-in-egypt\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2017\/3\/865.jpg?fit=%2C&ssl=1","datePublished":"2017-03-12T04:13:43+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/positive-reversals-in-banking-sectors-earnings-hint-at-lower-political-risks-in-egypt\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/positive-reversals-in-banking-sectors-earnings-hint-at-lower-political-risks-in-egypt\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/positive-reversals-in-banking-sectors-earnings-hint-at-lower-political-risks-in-egypt\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2017\/3\/865.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2017\/3\/865.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/positive-reversals-in-banking-sectors-earnings-hint-at-lower-political-risks-in-egypt\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Positive reversals in banking sector\u2019s earnings hint at lower political risks in Egypt"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2017\/3\/865.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2017\/3\/865.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2017\/3\/865.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":573513,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/09\/egypts-banks-can-now-hold-larger-stakes-in-payment-processing-companies\/","url_meta":{"origin":649871,"position":0},"title":"Egypt\u2019s banks can now hold larger stakes in payment processing companies","author":"enterpriseam admin","date":"9 August 2020","format":false,"excerpt":"REGULATION WATCH- Banks are now allowed to hold larger stakes in payment processing companies after the Central Bank of Egypt (CBE) lifted a cap that limited banks\u2019 holdings in these companies at 40%, according to a circular (pdf). The previous limit was imposed in 2004. Banks are still held to\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":570125,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/fra-orders-mortgage-lenders-factoring-and-leasing-companies-to-give-clients-six-month-grace-period\/","url_meta":{"origin":649871,"position":1},"title":"FRA orders mortgage lenders, factoring and leasing companies to give clients six-month grace period","author":"enterpriseam admin","date":"19 March 2020","format":false,"excerpt":"Mortgage lenders, factoring and leasing companies to give clients six-month grace period: The Financial Regulatory Authority has ordered mortgage lenders, factoring and leasing companies to give a six-month grace period to any client who asks. This comes after the Central Bank of Egypt moved to extend the tenor of all\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597541,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/30\/bofa-sees-mildly-more-flexible-usd-egp-rate-on-the-horizon-for-egypt\/","url_meta":{"origin":649871,"position":2},"title":"BofA sees \u201cmildly more flexible\u201d USD \/ EGP rate on the horizon for Egypt","author":"enterpriseam admin","date":"30 July 2019","format":false,"excerpt":"BofA sees \u201cmildly more flexible\u201d USD \/ EGP rate on the horizon: The USD \/ EGP rate could be \u201cmildly more flexible\u201d over the coming period as Egypt\u2019s FX reserves are high and our carry trade remains \u201chigh enough,\u201d Bank of America Merrill Lynch said in a report out this\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":565603,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/19\/egypts-banking-sector-likely-second-fastest-growing-in-mena-efg-says-in-earnings-preview\/","url_meta":{"origin":649871,"position":3},"title":"Egypt\u2019s banking sector likely second fastest-growing in MENA, EFG says in earnings preview","author":"enterpriseam admin","date":"19 April 2021","format":false,"excerpt":"Aggregate earnings of Egypt\u2019s listed banks are expected to have grown 10% y-o-y in 1Q2021, reversing a trend of anemic bottomline growth in 2020 as lenders were forced to shore up loan loss provisions last year amid worries over pandemic-linked bad loans, EFG Hermes said in a note to clients\u2026","rel":"","context":"In &quot;SPEED ROUND: BANKING&quot;","block_context":{"text":"SPEED ROUND: BANKING","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-banking\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/4\/455.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":596873,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/egypts-banking-sector-to-see-15-y-o-y-earnings-growth-2q-efg-hermes\/","url_meta":{"origin":649871,"position":4},"title":"Egypt\u2019s banking sector to see 15% y-o-y earnings growth 2Q -EFG Hermes","author":"enterpriseam admin","date":"10 July 2019","format":false,"excerpt":"Egypt\u2019s banking sector to see 15% y-o-y earnings growth in 2Q -EFG Hermes: The Egyptian banking sector will see bottom line growth of 15% y-o-y in 2Q2019, according to EFG Hermes forecasts. Earnings growth will be driven by lower provisioning costs and a 12% y-o-y rise in revenues thanks to\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":595538,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/30\/egx30-extends-rally-after-central-bank-loosens-policy\/","url_meta":{"origin":649871,"position":5},"title":"EGX30 extends rally after central bank loosens policy","author":"enterpriseam admin","date":"30 September 2019","format":false,"excerpt":"EGX30 extends rally after CBE loosens monetary policy: The benchmark EGX30 index climbed 3.3% at session close yesterday in response to the central bank\u2019s 100 bps interest rate cut on Thursday and muted protests over the weekend. All of EGX30 shares rose yesterday, led by Qalaa Holdings, which surged 13.7%.\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/9\/920.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/649871","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=649871"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/649871\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/649861"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/649872"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=649871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=649871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=649871"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=649871"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=649871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}