Latest Banking News
Foreign investments in Egyptian T-bills score EGP 269.11bn at end-July 2018
Private banks boost investments in T-bills by EGP 42.3bn in July to…
United Bank, Afreximbank cooperate to maximise volume of Egyptian exports to Africa
Afreximbank guarantees export earnings of Egypt, protects them from risk of non-payment,…
CBE alters banks’ granting of credit facilities to public business sector companies
New rules for banks dealing with companies engaged in financing instalment sales
Egyptian Arab Land Bank will take new rank in Egypt by September 2020: vice chairperson
We assumed office in October 2017, have done our best to put…
Credit facilities granted by banks in FY 2017/2018 score EGP 203.2bn
Private sector acquired 62% of facilities, industries at forefront, CBE stated
IDWBE profits score EGP 244m in 2017: chairperson
Loans up to EGP 7.6bn, EGP 10bn growth in deposits in one…
IFC plans to increase local currency financing in Egypt
Corporation aims to invest up to $1bn in FY 2018/19, says Labadi
Await bigger role for Suez Canal Bank in supporting Egyptian economy during coming period: chairperson
10% Growth in total financial position of Suez Canal Bank to reach…
Achievements of economic reform programme promising internally, externally: El-Kady
The state supported by the plan of the CBE is working to…
Long-term investment in Egypt to provide higher ROI than government debt instruments: Gadallah
Large real estate projects best option for government to bring about rapid…