Latest Banking News
US dollar loses 5 piasters against Egyptian pound on Wednesday
The US dollar lost about five piasters from its value against the…
Bank Audi plans to open nine new branches in Egypt
Bank Audi plans to expand its footprint in Egypt in 2019. As…
CBE extends its initiative to support defaulters at ABE until June
Troubled debts up to EGP 4bn to be settled over nine months,…
QNB Alahli achieves strong growth in net profits despite high operational expenses
Bank maintains deposit portfolio of non-interest-bearing deposits, variable-rate deposits
Attijariwafa Bank Egypt implements $1.7bn worth trade operations in 2018
‘We aim to increase these operations by 50% this year in line…
Capital flows will be linked to three factors: CBE
January 2019 saw return of capital to EM since exodus in February…
Crédit Agricole Egypt inaugurates first cashless branch
Bank follows its strategy toward supporting digital transformation
Credit Agricole Egypt prepares to comply with new banking law, increase capital to EGP 5bn: Managing Director
The parent group supports bank’s unity in Egypt due to importance of…
Basic interest rates, future outlook of inflation consistent with our goals: CBE
Egypt’s real GDP growth softened to 5.3% Q3 2018, unemployment rate inched…
Ahli United Bank’s share of Egyptian market is 3%: El Messeery
Total business size of bank reached $51bn