Banks reduce NPLs allocations by EGP 2.95bn in June 2019
Reserves declined to EGP 236.06bn end-June, compared to EGP 238.89bn end-May
Household sector accounts for 80.4% of total bank deposits
It accounts for 83.6% of total deposits in local currency, 68.7% in…
EBI’s role goes beyond training employees in banking sector: Nossier
Institute started offering more developed training courses to support financial inclusion, says…
Madbouly, Amer inaugurate 43rd session of Council of Arab Central Banks Governors, Arab Monetary Associations on Sunday
Meetings discuss latest economic, financial, monetary developments, banking supervision, financial stability, inclusiveness,…
Bank deposits up by EGP 95.471bn recording EGP 4.007tr in June
Banks’ credit facilities see EGP 224.7bn rise, private business sector holds 60.7%
Domestic public debt records EGP 4.205tr in end-March
Domestic debt records 79% of GDP, of which 86.4% is owed by…
Subscription in ATAA charitable fund to start on 7 October: NSB
The NSB's board of directors agreed to allow Banque Misr, the National…
ABE participates in launching digital platform for agriculture
This platform recognises the ABE’s role in the digital transformation in Egypt,…
Egypt’s core inflation falls to 6-year low of 4.9% in August
EFG Hermes, Pharos forecast 1-2% interest rate cut at next MPC meeting
Successes achieved in financial inclusion qualify Egypt to become regional fintech centre: Raouf
Egyptian Banks Company has completed all the technical, infrastructure matters necessary to…