Latest Banking News
Industrial Development Bank offers funding to Shaq El-Teaban investors
Bank's credit portfolio increased to EGP 11bn end-July, of which EGP 1.6bn…
37 local and foreign investors bid to invest €780.1m in Egyptian T-bills: CBE
CBE set accepted yield minimum at 1.4%, maximum at 1.5%, average at…
Banque du Caire to offer 30-40% stake on EGX by end-2019 or early 2020: Chairperson and CEO
Fayed statement came on the sidelines of the loan signing ceremony with…
Egyptians withdraw EGP 31.5bn from bank ATMs during Eid al-Adha
EGP 22.29bn were withdrawn within 5 days before Eid holiday, EGP 9.15bn…
Nine private banks in Egypt gain EGP 14.941bn net profits in 1H2019
CIB – Egypt tops the list by EGP 5.355bn profits, QNB Alahli…
Strong growth in Al Baraka Bank Egypt’s financial position supported by ample funding potential: Beltone
Beltone added that the bank's operating expenditure increased by 11.1%, maintaining the…
CBE issues import, export standards on foreign banknotes surplus
The CBE affirmed that these standards comes in the framework of the…
Egypt’s net foreign reserves rose by $565m to $44.916bn end-July
According to the CBE, Egypt’s current net foreign reserves covers more than…
Mashreq Bank – Egypt launches mortgage finance initiative to support low-income groups
Bank continue to participate in CBE initiatives, says El Bahey
CONIA interest rate benchmark comes into force
New standard reinforces CBE's ability to improve monetary policy