Total financial position of banks in Egypt increases to EGP 7.948trn in June 2021: CBE
Net profits register EGP 51.006bn, investments in securities and treasury bills record…
CIB Egypt achieves exponential growth in online banking services
CIB records 116% increase in mobile banking transactions, 34% increase in online…
Housing and Development Bank launches new service targeting wealthy clients
Bank’s profit before tax increases 10.8% y-o-y, recording EGP 1.45bn in FY…
Pundits expect Central Bank to keep interest rate unchanged in 6th monetary policy meeting for 2021
MPC decided, on 5 August, to maintain basic interest rates with CBE,…
Misr Capital receives purchase, redemption orders for its debt instrument investment fund
Fund has been oversubscribed 2.4 times, with value of EGP 243m
Egypt’s trade deficit decreases by 27.8 % in June
Egypt's trade deficit dropped by 27.8% in June 2021 to reach $2.49bn,…
To mark Farmer’s Day, Agricultural Bank offers new facilities in ‘Bab Rizq’ microfinance programme
Bank plans to expand branch network to 2,000 branches over 5 years:…
Mashreq Bank Egypt appoints Ragia Samir as senior vice president, marketing head
Bank opens new representative office in Shanghai, China
Arkan Palm receives EGP 1.5bn bank finance for 1st phase of ‘205’ real estate project
Five banks partner to provide financing, including Export Development Bank of Egypt,…