New facilities to remove levy on taxpayers’ bank accounts: CBE
This is applicable on natural or legal persons regardless of their activity.…
IDB finalises its technological infrastructure, prepares e-services launch
Bank allocates EGP 600m to comprehensive technological development, establish electronic branches, expand…
Private sector holds 61.7% of total bank loans in April: CBE
Total deposits see 14.33% growth in April, compared to 13.9% in March;…
Egypt’s microfinance market records EGP 17.866bn in Q1 of 2020
About 2,456 customers benefited from nano-finance products, with total EGP 577.3m in…
Financial position of banks in Egypt up to EGP 6.421trn in April: CBE
Total deposits up by EGP 92.4bn, total loans rise by EGP 91.9bn
MSMEDA develops plan to improve SMEs sector post-COVID-19: Trade Minister
Gamea explained that the agency is keen to meet with governors and…
CIB reports EGP 7.542bn in pre-tax profit during H1 of 2020
Bank made allocations of EGP 2.260bn, compared to EGP 795m during same…
Crédit Agricole proud of about 50-year operation in Egypt: Country Managing Director
Crédit Agricole Egypt has successfully become market player and partner to Egyptian…
Egyptian pound continues upmove against US dollar on increased FX inflows
Egypt buoyed up by recent IMF’s, international market’s cash injections estimated at…
Banks in Egypt hedge against COVID-19 despite Q1 profit decline
Daily News Egypt monitors profit decline of 12 banks out of 16…