Central Bank of Egypt reveals performance indicators of banking system in FY 2020/21
Total financial position of banks operating locally reaches EGP 1.54trn
New protocol to facilitate payment instruments issuance for consumer finance companies
The Central Bank of Egypt (CBE) signed a cooperation protocol with the…
Paid ‘protesto’ cases in Egypt decline 41.1% in 2020: CAPMAS
Protesto cases reach 3,205 in 2020, down from 5,446 cases in 2019
Egypt’s Turathna Exhibition for handicrafts, heritage arts scheduled for 9 October
The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has announced that…
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