MERIS confirms HDB rating at A- with stable outlook
Bank's rating reflects relative improvement in banking sector in Egypt
CBE unlikely to extend initiative to settle bad debts
Weak turnout by defaulters, 6 months enough for those who want to…
ABE launches Agri Phone service with e-finance, Progress Soft
Bank aims to provide new mobile payment channels in line with technology,…
Banque du Caire wired link on Tahweel network, launches mobile wallet deposit, withdraw service via ATMs
Service allows mobile phone customers to securely withdraw, deposit cash any time,…
NBE aims to open 5 new digital branches in 3 months: deputy chairperson
Bank is working to employ technological infrastructure, modern software available to provide…
Banque Misr issued 6.32m cards by end of June 2018
Bank aims to be present in coming period in Milan, Seoul, Nairobi,…
CBE reviews initiative to settle troubled debts: Amer
Initiative includes settlement of debts of 3,500 companies, 337,000 individuals
Banque Misr’s financial position reaches EGP 887.5bn end-June
Deposits increase by EGP 137.1bn, while loans portfolio record EGP 222.2bn
CIB establishes CVentures, Egypt’s first corporate venture capital firm primarily focused on Fintech startups
Establishment of CVentures is evidence of CIB’s profound commitment towards supporting Egyptian…
Minister of Finance criticised for his statements regarding taxpayers’ accounts in banks
This is not first time officials make statements that do not take…