The Egyptian banking industry, supported by the buoyant economic growth, increasing demand of consumer loans and improving consumer confidence, has shown a strong growth in the recent past. The government is also working hard to make the industry globally competitive. As a result of government’s privatization program and rapid consolidation in the banking system, asset [...]
RNCOS, in its new report “Egypt Banking Sector Analysisâ€, said that on the back of rising demand of corporate loans and expected decline in interest rates, the total bank loans in Egypt are projected to grow at a CAGR of about 9.5% from 2007-08 to 2010-11. Economic stabilization will provide the added thrust to the [...]
RNCOS, a leading market research firm, said in its new report “Egypt Banking Sector Analysisâ€, with the significantly low penetration and growing middle class segment, the total deposits at banks in Egypt are projected to grow at a CAGR of 14% from 2007-08 to 2010-11. As per the report, banking penetration is quite low in [...]
RNCOS has recently added a new Market Research Report titled, “Egypt Banking Sector Analysis†to its report gallery. The Egyptian banking industry, supported by the buoyant economic growth, increasing demand of consumer loans and improving consumer confidence, has shown a strong growth in the recent past. The government is also working hard to make the [...]
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