National Bank of Egypt, Banque Misr offer EGP 3bn syndicated loans to civil aviation sector
Loans directed to finance developing Saint Catherine and Sphinx airports
Bank ABC Group’s acquisition of BLOM Bank Egypt to conclude 1Q 2022, subject to regulatory approval: CFO Brendon Hopkins
Deal to triple Bank ABC’s market share in Egypt, says Hopkins
Hazem Hegazy named CEO of Al Baraka Bank Egypt subject to Central Bank approval
Hegazy has more than 30 years of experience in banking sector, especially…
Banking alliance arranges syndicated loan of EGP 4bn for Electricity Transmission Company
Banking alliance consists of NBE, CIB, Banque du Caire, and NBK
Banks warn against fraudulent practices following Banque Misr phishing incidents
Social media reports alleged that fraudsters claiming to be Banque Misr employees…
Islamic banking in Egypt valued at EGP 390bn in June 2021
Islamic banking accounts for 5.1% of Egyptian market size
Housing and Development Bank achieves 10.8% PBT growth to EGP 1.45bn in H1 2021
Bank continues to achieve positive growth due to continuous support of development,…
Egyptian remittances record 13 % growth to $28.5bn in 11 months: CBE
The Central Bank of Egypt (CBE) has revealed that remittances from Egyptians…
Central Bank of Egypt justifies inflation hike during July 2021
Egypt’s annual headline urban inflation increased to 5.4% in July 2021, compared…
Central Bank of Egypt receives 33 bids worth €792m for euro-denominated T-bills
CBE accepts 27 offers, worth €622m, with average interest of 1.396