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123 (interbank Network)
"123" is a shared cash network for the banking community in Egypt. It is provided by Egyptian Banks Co. for Technological Advancement (EBC). Services The "123" network links more than 30 Egyptian Banks supporting more than 1500 ATMs distributed all over Egypt. This network provides the banks' clients with direct access to their different accounts at any time and from anywhere through the ATMs carrying the "123" logo. This network is available 24 hours a day 7 days a week. In addition, the "123" network is a gateway to MasterCard, Diners Club and American Express International networks. Moreover, it is linked to regional networks in the Persian Gulf states, NAPS in State of Qatar, Benefit in Kingdom of Bahrain and CSCBank SAL in Lebanon. Benefits: * Convenience * Security * Helping to promote a cashless society * Enhanced debit and credit services * Source of revenue to banks Member banks in the network # Arab African International Bank # Arab Banking Corporation – ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alexandria Commercial & Maritime Bank
Alexandria ( or ; ar, ٱلْإِسْكَنْدَرِيَّةُ ; grc-gre, Αλεξάνδρεια, Alexándria) is the second largest city in Egypt, and the largest city on the Mediterranean coast. Founded in by Alexander the Great, Alexandria grew rapidly and became a major centre of Hellenic civilisation, eventually replacing Memphis, in present-day Greater Cairo, as Egypt's capital. During the Hellenistic period, it was home to the Lighthouse of Alexandria, which ranked among the Seven Wonders of the Ancient World, as well as the storied Library of Alexandria. Today, the library is reincarnated in the disc-shaped, ultramodern Bibliotheca Alexandrina. Its 15th-century seafront Qaitbay Citadel is now a museum. Called the "Bride of the Mediterranean" by locals, Alexandria is a popular tourist destination and an important industrial centre due to its natural gas and oil pipelines from Suez. The city extends about along the northern coast of Egypt, and is the largest city on th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Egyptian ARAB Land Bank
Egyptian describes something of, from, or related to Egypt. Egyptian or Egyptians may refer to: Nations and ethnic groups * Egyptians, a national group in North Africa ** Egyptian culture, a complex and stable culture with thousands of years of recorded history ** Egyptian cuisine, the local culinary traditions of Egypt * Egypt, the modern country in northeastern Africa ** Egyptian Arabic, the language spoken in contemporary Egypt ** A citizen of Egypt; see Demographics of Egypt * Ancient Egypt, a civilization from c. 3200 BC to 343 BC ** Ancient Egyptians, ethnic people of ancient Egypt ** Ancient Egyptian architecture, the architectural structure style ** Ancient Egyptian cuisine, the cuisine of ancient Egypt ** Egyptian language, the oldest known language of Egypt and a branch of the Afroasiatic language family * Copts, the ethnic Egyptian Christian minority ** Coptic language or Coptic Egyptian, the latest stage of the Egyptian language, spoken in Egypt until the 17th centur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
