Banks’ net profits increase to EGP 70.2bn by end-2018
Ten biggest banks account for 63.9% of sector’s total profits, while 5…
Aman Microfinance plans to double capital, increase portfolio to EGP 500m in 2019
We are negotiating with 5 new banks to increase funding provided to…
Egyptian market expects another interest rate cut on Thursday
Several factors favour cut, others weigh on fixing, final decision is in…
CBE demands from banks to increase funding to agricultural sector
Banks to fund cooperatives in small enterprises initiative with interest rate discount…
US dollar records lowest level against Egyptian pound since March 2017
Pound value against dollar gains over 23 piasters in March, 62 piasters…
US dollar loses 5 piasters against Egyptian pound on Monday
Banks receive over $4bn FX inflows in January, February, says senior bank…
EGP 735.59bn bank investments in T-bills by end-December 2018: CBE
Banks supported their securities portfolio with EGP 202.23bn in 2018
Nine private, foreign banks in Egypt gain net profits of EGP 25.80bn in 2018
Five banks only earn billions in net profits, other banks acquired under…
NBE allocates EGP 123m to legalise situation of Shaq El Teaban investors
Bank studies 300 applications seeking to obtain facilities
CBE governor calls for enhancing independence of central banks in Africa
During meeting of Association of African Central Banks in Dakar