FRA clarifies suspension of new applications for consumer, microfinance companies
The Financial Regulatory Authority (FRA) has detailed the reasons for halting the…
CBE authorizes banks to open financial inclusion accounts
The Central Bank of Egypt (CBE) has granted banks permission to open…
Microfinance exceeds EGP 93bn in June 2024: Zulficar
Mona Zulficar, Chairperson of the Egyptian Federation for Financing Medium, Small, and…
Banks, mortgage finance companies pump EGP 75.6bn into low-income initiative in September
Banks and finance companies participating in the mortgage finance initiative for low-income…
Suez Canal Bank, Raya Information Technology sign EGP 1.2bn protocol to support expansion plans
Suez Canal Bank has signed a cooperation protocol with Raya Information Technology,…
Annual urban inflation rises to 26.4% in September
The Central Agency for Public Mobilization and Statistics (CAPMAS) revealed that the…
FRA reveals size of non-banking financing in July 2024
The Financial Regulatory Authority (FRA) has disclosed the total volume of non-banking…
Post for Investment, AXA launch Egypt’s first microinsurance company
Post for Investment, the investment arm of Egypt Post, and AXA Egypt…
Egyptian banking sector shows strong financial indicators, surpassing regulatory benchmarks: CBE
A financial stability report issued by the Central Bank of Egypt revealed…
EBI highlights strong achievements in FY 2023/24, expanding reach across Africa
The Egyptian Banking Institute (EBI), the official training arm of the Central…