Latest Banking News
EALB signs a protocol with Tersana SC to finance club membership
The protocol was signed by Amr Gadallah, the bank’s vice president, on…
NBE rules out issuing foreign bonds currently
Dealing with financial institutions is better and cheaper than bonds, says Aboul…
Egypt’s external debt jumps to $108.bn end-June: CBE
The CBE noted that debt services reached $13.4bn in fiscal year 2018/19,…
US dollar records lowest level against EGP since March 2017
US currency lost 13 piasters of its value in October, totalling 178…
Emirates NBD – Egypt contributes to financing Farm Frites’ new factory
Bank to expand in financing large companies to support economic development in…
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…