HDB reports EGP 1.3bn in PBT during H1 2020 despite COVID-19
Bank’s portfolio of customer loans and facilities achieves 8.6% growth to EGP…
CBE receives 35 offers to invest €705.3m in local T-bill auction
Thirty offers have been accepted at value of €605.3m
Egypt to launch €600m Euro-denominated T-bills bid on Monday
Bid proceeds will be used to pay for previous CBE bid offered…
CBE reveals reasons behind July inflation decline
Annual headline urban inflation declines to 4.2% in July, from 5.6% in…
Egypt banks celebrate International Youth Day with increased support for financial inclusion
Egyptian banks to support new accounts at no minimum amount or fees,…
EALB to increase social housing finance to EGP 2bn
Bank’s mortgage finance portfolio has doubled to 8,000 clients
BLOM Bank to conduct due diligence on selling Egypt unit
Several banks have shown interest in buying BLOM Bank – Egypt, but…
Banque du Caire arranges EGP 670m syndicated loan to Marakez
Loan to finance 50% of total estimated investment cost of Mall of…
Egypt’s annual urban inflation declines to 4.2% in July: CAPMAS
Whole country’s CPI inched up to 107.8 points in July, registering a…
Allianz, CIB Egypt sign cyber insurance contract for banking services
Insurance policy between Allianz and CIB has been effective as of 1…