Latest Banking News
Arab central banks council highlights digital transformation on Financial Inclusion Day
Implications of coronavirus highlight importance of accelerating transition to digital financial services,…
CBE highlights financial soundness indicators of local banking sector
Bank profits reach EGP 83.184bn last December: CBE
CIB acquires 51% of Kenya’s Bank Mayfair in $35.35m deal
The deal reflects our commitment to increasing trade between African countries, says…
Egypt’s banks report EGP 83.18bn net profits in 2019: CBE
Top 5 banks account for 50.1% of sector’s total profits, top 10…
Daily cash withdrawal, deposit limits for individuals amended during Ramadan
Individuals can withdraw up to EGP 20,000 daily from ATMs, EGP 50,000…
NBE raises authorised capital to EGP 100bn, paid-up capital to EGP 50bn
Bank sees significant e-banking services expansion during FY 2018/19
CBE issues new controls on loan instalment postponement
In March, the CBE issued regulations due to the coronavirus oubtreak allowing…
Government prepares for linking Farmer’s Card with Meeza e-payment services
ElKosayer held several meetings with the Agricultural Bank of Egypt, e-finance, and…
Premium Card closes largest short-term securitisation transaction for EGP 172m
Issuance is part of a two-year EGP 2bn short-term securitisation programme