Latest Banking News
CBE approves instant payment network regulations, to be launched in current quarter
Regulations aim to allow payments sent between accounts at different banks to…
Egypt is a very dynamic market with great potential: HSBC Egypt Chairperson
Egypt is one of main arteries for flow of global trade, which…
CBE launches 23 initiatives to support Egyptian economy during COVID-19 crisis: FEB chief
Six banks offer VACSERA EGP 170m to produce COVID-19 vaccine: El-Etreby
Egyptian banking sector’s net foreign assets exceed $11bn in September 2021: CBE
Non-governmental deposits in local currency record EGP 4.239trn in September 2021
ADCB – Egypt wins 5 awards, ElSewerky named CEO of the Year 2021
Ihab ElSewerky, CEO and Managing Director of ADCB-Egypt, was honoured during the…
CBE expected to keep interest rates on hold for eighth time in a row
The MPC periodic meeting comes amid strong market expectations that it will…
Ending state of emergency in Egypt to attract more FDIs, improve credit rating: Banking leaders
On Monday evening, Al-Sisi announced ending the extension of the state of…
ADIB Egypt launches digital consumer financing arm
Egyptian Financial Regulatory Authority grants ADI- Consumer Finance operating license
Financial position of banks in Egypt rises to EGP 8trn in end July: CBE
Deposits amount to EGP 5.837trn, credit facilities record EGP 2.855trn
Agricultural Bank of Egypt aims to reach 35 million customers with its services: Farouk
ABE to complete development of 1,000 branches nationwide by late 2022