Latest Banking News
IDB targets over EGP 0.5bn profits by end-2019: chairperson
We aim to achieve 30-35% growth in various activities this year, says…
NBG-Egypt’s intransigence with its employees threatens acquisition deal with Bank Audi
CBE gives last chance for conflicting parties to reach solution
Banque du Caire, MSMEDA sign EGP 500m microfinance contract
Banque du Caire's microfinance portfolio reaches EGP 6.5bn benefiting 240,000 customers, targeting…
The Biggest Ever Cases of Bank Fraud
Bank fraud is the criminal act of breaching the security measures of…
IDB to increase mortgage finance to low-income customers to EGP 1.5bn
The financing is offered at 5% and 7% interest rates, as part…
20 banks finance 254,200 beneficiaries by EGP 24.6bn in CBE’s mortgage finance initiative
8 companies inject EGP 1.5bn, Taamir Mortgage tops with EGP 551.6m with…
14.8% growth in Faisal Islamic Bank of Egypt’s assets during 2019
Bank manages 1.701m accounts for its clients worth EGP 82.896bn
Arab banking sector is stable, able to withstand shocks despite challenges and risks: AMF
Arab banking sector assets reached $3.4trn by end-2018 equivalent to 124% of…
SMEs account for 61% of the total ABE loan portfolio: ElKosayer
Bank pumped EGP 19bn to about 900,000 SMEs
Egypt’s Long-term external debt at 87%: Amer
13% of short-term debts are deposits from Arab countries that are renewed…