What will be the impact of EFSA’s 2014 Action Plan on the insurance sector?
Egypt Economy
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Interviews & Viewpoints | OBG talks to Sherif Samy, Chairman, Egyptian Financial Supervisory Authority (EFSA) from The Report: Egypt 2014
Articles & Analysis | Improving health cover and expanding penetration are top priorities from The Report: Egypt 2014
Given the size of its population and the sophistication of its financial services sectors, the growth of Egypt’s insurance industry remains modest. The country’s insurance penetration rate – the gross value of its insurance premiums as a percentage of GDP – was only 0.73% in 2012, according to Swiss Re’s report “World Insurance in 2012.”
Interviews & Viewpoints | OBG talks to Abdel Raouf Kotb, Chairman, Insurance Federation of Egypt from The Report: Egypt 2014
Articles & Analysis | The country’s financial markets are poised to recover lost ground from The Report: Egypt 2014
After the downturn it suffered in the wake of Egypt’s 2011 revolution, the Egyptian Exchange (EGX) has staged an impressive recovery. Beginning in 2012, a run of positive growth extended into 2014 and the year saw the main index finally overtake the high point reached prior to the economic crisis. Having dealt effectively with the fallout from the broader economic...
Interviews & Viewpoints | OBG talks to Mohamed Omran, CEO, Egyptian Exchange (EGX) from The Report: Egypt 2014
Articles & Analysis | Banking from The Report: Egypt 2014
THE COMPANY: Crédit Agricole Egypt is 60.5% owned by the Crédit Agricole Group, which has operations in 70 countries in Europe, the Americas, Asia and Africa. In September 2006, Egyptian American Bank merged its operations with Calyon Bank Egypt to become Crédit Agricole Egypt. As of December 2013, the bank had a 1.9% deposit market...