Strong FX reserves, structural reforms support Egypt against external shocks: CBE
Aboul Naga’s comments came during the opening session of the Payment, FinTech,…
HSBC expects Egypt to build on growth momentum during 2021
Egyptian economy expected to grow by 2.5% in 2021, following 2.4% growth…
Egypt reports $1.22bn exports, $640m imports with Nile Basin countries in 2019
The bulletin reviewed the volume of trade, including exports and imports, with…
Top 10 Egyptian market banks report EGP 14.661bn in net profits in September
QNB Alahli accounts for 38% of total profits achieved by top 10…
ABE signs agreement to finance 1.5 million-feddan reclamation project
Farouk emphasized ABE's keenness to cooperate with the Ministry of Agriculture and…
Nasser Social Bank increases its budget to EGP 22.247bn in June: El-Kabbaj
Bank seeks to develop new services, support financial inclusion: Vice Chairperson
Local, international financial institutions offer to invest $1.755bn in CBE’s T-bills
The CBE floated the $1.56bn worth T-bill tender for a year, due…
Suez Canal Bank achieves 24% growth in net profit before appropriation
Bank records 11% growth in loan portfolio in September 2020
Initial audit report had no substantial effect on CIB financial position: Chairperson
Sami stressed that CIB pays great attention to CBE notices regarding compliance…
Banks in Egypt discuss fate of interest rates following CBE’s cut
Yield of some savings certificates, loan products automatically decreases by 0.5%, while…