Latest Banking News
Egyptians withdraw EGP 31.5bn from bank ATMs during Eid al-Adha
EGP 22.29bn were withdrawn within 5 days before Eid holiday, EGP 9.15bn…
Nine private banks in Egypt gain EGP 14.941bn net profits in 1H2019
CIB – Egypt tops the list by EGP 5.355bn profits, QNB Alahli…
Strong growth in Al Baraka Bank Egypt’s financial position supported by ample funding potential: Beltone
Beltone added that the bank's operating expenditure increased by 11.1%, maintaining the…
CBE issues import, export standards on foreign banknotes surplus
The CBE affirmed that these standards comes in the framework of the…
Egypt’s net foreign reserves rose by $565m to $44.916bn end-July
According to the CBE, Egypt’s current net foreign reserves covers more than…
Mashreq Bank – Egypt launches mortgage finance initiative to support low-income groups
Bank continue to participate in CBE initiatives, says El Bahey
CONIA interest rate benchmark comes into force
New standard reinforces CBE's ability to improve monetary policy
Banks operating in Egypt celebrate International Youth Day
New accounts opened free of charge, special offers made on 1-15 August
CBE reveals Egypt’s economy external position
Foreign debt reached 35.1% of GDP at end December 2018, compared to…
Egypt’s external debt reaches 35.1% of GDP at end-2018, but still within safe limits: CBE
Saudi Arabia is Egypt's top lender with total debt of $8.7bn