{"id":650549,"date":"2017-03-27T04:11:16","date_gmt":"2017-03-27T04:11:16","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/banking-sector-pulls-in-usd-15-bn-since-egp-float\/"},"modified":"2017-03-27T04:11:16","modified_gmt":"2017-03-27T04:11:16","slug":"banking-sector-pulls-in-usd-15-bn-since-egp-float","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/banking-sector-pulls-in-usd-15-bn-since-egp-float\/","title":{"rendered":"Banking sector pulls in USD 15 bn since EGP float"},"content":{"rendered":"<p><strong>Five banks raked in 43% of the banking system\u2019s EGP 53.1 bn in profits last year<\/strong>, according to a <a href=\"http:\/\/www.cbe.org.eg\/ar\/BankingSupervision\/Pages\/Reports.aspx\">CBE report<\/a> that\u2019s making the rounds in the local press. <a href=\"http:\/\/www.dailynewsegypt.com\/2017\/03\/26\/egypts-banks-achieved-net-profits-egp-53-066bn-december-cbe\/\">DNE<\/a> suggests these include the National Bank of Egypt, Banque du Caire, CIB and QNB Al Ahly. The news came as an unnamed \u201ctop banking official\u201d told <a href=\"http:\/\/www.alborsanews.com\/2017\/03\/26\/1000520\">Al Borsa<\/a> yesterday that <strong>the banking sector has pulled in USD 15 bn since the EGP was floated last November<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Five banks raked in 43% of the banking system\u2019s EGP 53.1 bn in profits last year, according to a CBE report that\u2019s making the rounds in the local press. DNE suggests these include the National Bank of Egypt, Banque du Caire, CIB and QNB Al Ahly. The news came as an unnamed \u201ctop banking official\u201d [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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-650549","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"8c20e829-a1f0-4a0e-8ee1-53f163bccc3d","order":"0","is_powered_by":true,"section_story_id":"e8c5f368-591f-466b-885a-021220601f1e","story_type":"1","photo_url":"","photo_position":"above","related_issue":[650529],"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>Banking sector pulls in USD 15 bn since EGP float - 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\/27\/banking-sector-pulls-in-usd-15-bn-since-egp-float\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banking sector pulls in USD 15 bn since EGP float\" \/>\n<meta property=\"og:description\" content=\"Five banks raked in 43% of the banking system\u2019s EGP 53.1 bn in profits last year, according to a CBE report that\u2019s making the rounds in the local press. DNE suggests these include the National Bank of Egypt, Banque du Caire, CIB and QNB Al Ahly. The news came as an unnamed \u201ctop banking official\u201d [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/banking-sector-pulls-in-usd-15-bn-since-egp-float\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-27T04:11:16+00:00\" \/>\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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/banking-sector-pulls-in-usd-15-bn-since-egp-float\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/banking-sector-pulls-in-usd-15-bn-since-egp-float\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Banking sector pulls in USD 15 bn since EGP float\",\"datePublished\":\"2017-03-27T04:11:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/banking-sector-pulls-in-usd-15-bn-since-egp-float\/\"},\"wordCount\":84,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/banking-sector-pulls-in-usd-15-bn-since-egp-float\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/banking-sector-pulls-in-usd-15-bn-since-egp-float\/\",\"name\":\"Banking sector pulls in USD 15 bn since EGP float - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-03-27T04:11:16+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/banking-sector-pulls-in-usd-15-bn-since-egp-float\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/banking-sector-pulls-in-usd-15-bn-since-egp-float\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/banking-sector-pulls-in-usd-15-bn-since-egp-float\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Banking sector pulls in USD 15 bn since EGP float\"}]},{\"@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":"Banking sector pulls in USD 15 bn since EGP float - 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\/27\/banking-sector-pulls-in-usd-15-bn-since-egp-float\/","og_locale":"en_US","og_type":"article","og_title":"Banking sector pulls in USD 15 bn since EGP float","og_description":"Five banks raked in 43% of the banking system\u2019s EGP 53.1 bn in profits last year, according to a CBE report that\u2019s making the rounds in the local press. 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The story does not make clear where Assistant Sub-Governor Rami Aboulnaga made the\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":648990,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/foreign-currency-inflows-to-banking-system-grow-to-usd-19-2-bn-since-egp-float\/","url_meta":{"origin":650549,"position":1},"title":"Foreign currency inflows to banking system grow to USD 19.2 bn since EGP float","author":"enterpriseam admin","date":"19 April 2017","format":false,"excerpt":"Foreign currency inflows to the banking system have reached USD 19.2 bn since the EGP was floated in November, the central bank announced, according to Reuters. The central bank also said it provided USD 24 bn since the flotation to finance international trade as well as USD 6.34 bn in\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":575989,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/05\/net-foreign-assets-in-egyptian-banks-surge-in-september\/","url_meta":{"origin":650549,"position":2},"title":"Net foreign assets in Egyptian banks surge in September","author":"enterpriseam admin","date":"5 November 2020","format":false,"excerpt":"Net foreign assets in Egypt\u2019s banking sector surged by 32% m-o-m in September, as foreigners continue to return to government treasuries after selling out of global emerging markets in the early weeks of the pandemic. 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