Latest Banking News
CBE’s net foreign assets achieve $10.4bn surplus in September
The Central Bank of Egypt (CBE) revealed that its net foreign assets…
CBE to review interest rates amid predictions of fourth consecutive hold
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…
CBE authorizes banks to open financial inclusion accounts
The Central Bank of Egypt (CBE) has granted banks permission to open…
Egypt’s external debt falls to $152.9bn in June
Egypt's external debt decreased to $152.9bn by the end of June 2024,…
EFG Hermes successfully completes sale of Helmerich & Payne’s $197m stake in ADNOC Drilling
EFG Hermes, an EFG Holding Company and the leading investment bank in…
EFG Hermes concludes advisory on EGP 450m issuance for EFG Corp-Solutions
EFG Hermes, an EFG Holding company and the leading investment bank in…
Banque du Caire grants Kredit EGP 100m to support SMEs
Kredit, a subsidiary of GB Capital, announced on Sunday that it secured…
Suez Canal Bank forms committee to review Islamic services, products
Suez Canal Bank has formed a new committee to develop its services…
NBE, Ebdaa sign cooperation protocol to support national industries
The National Bank of Egypt (NBE) signed a cooperation protocol with the…
Microfinance exceeds EGP 93bn in June 2024: Zulficar
Mona Zulficar, Chairperson of the Egyptian Federation for Financing Medium, Small, and…