Egyptian banking system’s NFAs rise by $3bn to $17.9bn in August 2025: CBE
The Central Bank of Egypt (CBE) announced that the banking system’s net…
CBE projects inflation to average 10.5% in 2026 as economic recovery gains momentum
The Central Bank of Egypt (CBE) has projected a continued decline in…
United Bank, Social Housing Fund expand affordable mortgage finance to EGP 5bn
The United Bank has signed a cooperation protocol with the Social Housing…
Non-bank financing for MSMEs jumps to EGP 91.4bn in August 2025: FRA
The Financial Regulatory Authority (FRA) has announced that the total volume of…
Suez Canal Bank leads EGP 4.5bn syndicated loan for Madkour infrastructure project
A banking alliance led by Suez Canal Bank has signed a joint…
HSBC to review retail banking business in Egypt
HSBC Egypt announced that its parent company, HSBC Holdings plc (HSBC Group),…
NBE inaugurates first branch in Saudi Arabia
The National Bank of Egypt (NBE) has announced the inauguration of its…
CBE’s net foreign assets exceed $11bn in September 2025
The Central Bank of Egypt (CBE) announced that its net foreign assets…
Banks, companies inject EGP 92.3bn under mortgage finance initiative for low, middle-income citizens in September 2025
The Social Housing and Mortgage Finance Fund (SHMFF) announced that banks and…
Egypt’s international reserves climb to $49.53bn in September: CBE
The Central Bank of Egypt (CBE) announced on Monday that the country’s…