Latest Banking News
Housing and Development Bank records 96% growth in retail loans in 2020
Bank also reports 380% and 20% increase in auto loans and customer…
ABE makes notable contribution to sector revival, countryside development: Chairperson
Bank sees huge increase in loan portfolio to EGP 44.5bn in 2020,…
Banque Misr submits tender offer to acquire 90% stake in CI Capital
News of Banque Misr’s intention to acquire further shares in CI Capital…
CBE offers 1-year T-bills bid worth $980m on Monday
Proceeds of bid are used to pay for value of previous bid…
Banque Misr, NBE maintain interest on savings vessels
Proceeds of NBE’s various savings certificates increase by over EGP 230bn since…
Crédit Agricole rolls out Egypt’s 1st environment-friendly contactless payment cards
New polylactic acid cards from G+D are certified as environment-friendly by international…
saib Bank to increase retail portfolio, financing for national projects, SMEs
saib Bank opens first innovative financial education centre as part of digital…
Global economic recovery depends on effectiveness, availability of COVID-19 vaccines: CBE
The CBE decided on Thursday, to keep the basic interest rates at…
AAIB lends support to Egypt’s cashless economy drive
Bank to offer Egyptian merchants state-of-the-art N-Genius™ payment platform
Federation of Egyptian Banks contributes EGP 500m towards COVID-19 vaccine
Banks working in Egyptian market have donated over EGP 750m towards this…