CIB reports record-breaking financial results in Q1 2024 amidst economic reforms
Bank records consolidated net income of EGP 11.9bn in Q1 2024, translating…
Suez Canal Bank announces substantial growth in net profits
Robust expansion in financial position, credit portfolio
CBE lays down guidelines for banks on handling customer complaints
New guidelines to ensure equitable and transparent complaint resolution to bolster banking…
Local liquidity in Egyptian banking sector reaches EGP 10trn in March 2024
Total non-governmental deposits in local currency at banks hit EGP 6.452trn
CBE to offer $980m in treasury bills
The Central Bank of Egypt (CBE) is set to auction local USD-denominated…
EGP 2.8trn increase in total financial position of banks during 2023: CBE
Customer deposits increase to EGP 10.163trn in 2023, compared to EGP 8.580trn…
MSMEDA invests EGP 2.4bn in 56,200 small, micro-enterprises in Sinai, Suez Canal cities
Rahmi emphasized MSMEDA’s commitment to providing both financial and technical assistance to…
ABE Commences collection of wheat crops at expanded network of storage facilities
Bank sets up dedicated command centre for wheat procurement season, collaborates with…
NBE executes six financing agreements totaling EGP 18.8bn in Q1 2024
NBE leads in Egyptian market for syndicated loan arrangements, according to Bloomberg
Five banks account for 74.2% of mortgage finance for low-income sector in Q1 2024
22 banks offer EGP 66.448bn in mortgage finance to over 500,000 customers