Latest Banking News
Deposits up EGP 65bn, loans rise EGP 23bn in January 2018: CBE
The volume of deposits at banks operating in the domestic market jumped…
HDB targets EGP 8.82bn in deposits, EGP 3.7bn loans portfolio by end-2018
Bank aims to increase profits by 50% to EGP 1.5bn
CBE studying Swedish experience in becoming cashless society
Intensive meetings with Swedish central bank fintech experts, startups, payment service providers…
IDWBE aims to close deferred loss file this year
We aim to achieve profits of EGP 1.5bn by end-2018, says Fahmy
NBE, Visa launch second phase of NBE Pay
The National Bank of Egypt (NBE), in cooperation with Visa, plans to…
CIB contributes to UNEP FI Banking Principles among 26 global banking institutions
Commercial International Bank-Egypt (CIB) participated in the first workshop organised by the…
MIDB, SMEDA sign cooperation protocol to funds MSMEs
Protocol extends over 1 year, financing between EGP 500,000, EGP 10m
EIB expects further technical grants for Kafr El-Sheikh Wastewater Expansion project
Project’s total cost estimated at €163.5m, European Investment Bank providing about 47%
United Bank lays out seven-point strategy
Intelligent banking services, intensification of financial inclusion campaigns, expansion of Shariah-compliant banking…