Latest Banking News
Five banks start issuing prepaid cards to pay government dues electronically
NBE, Banque Misr, Banque du Caire, CIB, ABE issued these cards free…
Bank Audi signs final agreement for acquisition of NBG Egypt
Deal depends on approval of both CBE, Banque Du Liban
Tuesday was last day to repay first tranche of AIBank capital increase
First tranche estimated at EGP 500m, second at EGP 300m, repaid before…
US investment fund to buy United Bank of Egypt in 3 months, CBE to maintain stake: Amer
The United Bank of Egypt will be sold to a major US…
Egypt’s banking customer base “weak”, it’s not good timing for cryptocurrencies: CIB
Mohamed Farag, head of International Transactions and Digital Banking at the Commercial…
EGP 1.852tn balance of local T-Bills, T-Bonds by end-March
EGP 1.158tn balance of T-Bills, EGP 694.4166bn T-Bonds, international bonds by $23.21bn…
CIB-Egypt establishes representative office in Ethiopia
We are happy about regional presence of bank: Ezz El Arab
President instructs enhancement of MSMEDA activities
Gamea reviews agency’s most prominent future trends to collect more funding, draft…
NBE extends work hours to 6:00pm in 64 branches to receive tax dues
All bank branches will provide e-tax collection services during official working hours
Is Egypt ready for Electronic Payments Law as it comes into force?
All bodies subject to this law shall comply with its provisions within…