Latest Banking News
ABE reveals key features of bank’s financing structure until end of September 2023
Bank injected EGP 45.025bn worth of financing to SMES, accounting for 64%…
CBE approves Amr El Ganainy as CIB Deputy CEO, Managing Director
El Ganainy has over 35 years of banking experience
Egypt’s external debt rises to $165.3bn in March 2023: CBE
Long-term debt accounted for $136.4bn, whereas short-term debt accounted for $28.9bn
CBE signs $1.36bn currency swap agreement with Emirati counterpart
The Central Bank of Egypt (CBE) and the Central Bank of the…
CBE Governor calls on Chinese banks to enter Egyptian market
Abdalla, Chinese counterpart discuss currency swap agreement to reinforce Egyptian government’s plan…
CBE reports on deposits, employment in banks in April 2023
Household sector accounts for 76.2% of total deposits
Banque Misr invests EGP 70bn in over 165 companies
Bank increases capital of its branch in UAE to AED 1.59bn
Banks operating in Egypt record EGP 126.9bn of net profits in 1H 2023
The banks operating in the Egyptian market achieved a net profit of…
Banque du Caire launches new security control unit
Unit provides assistance to all bank’s sectors, intervene to maintain service quality…
Banks in Egypt improve accessibility for people with disabilities
Banks implement CBE’s instructions of September 2021 to facilitate access of this…