Latest Banking News
SMEDA signed contract with Banque du Caire worth EGP 500m to fund microenterprises
25% of contract dedicated to women, 60% to workers below poverty line,…
Wave of large cuts in bank interest rates on deposits, loans starting Sunday
Banks operating in the local market started on Sunday a wave of…
How to get a personal loan from AlexBank
If you are a government or private sector employee whose employer transfers…
Islamic banking valued at EGP 240bn at end-2017
The volume of Islamic banking in Egypt by the end of 2017…
ABE launches electronic portfolio
The Agricultural Bank of Egypt (ABE) has signed a cooperation protocol with…
CBE activates electronic link between Egyptian banks, COMESA countries
The Central Bank of Egypt (CBE) held a workshop attended by 60…
AIBK signs partnership agreement with Fawry to provide e-payment services
Cooperation with Fawry is beginning of digital banking services, says Seif El-Nasr
NBE aims to increase assets to EGP 1.5tn by end-June 2018: vice chairperson
Bank seeks to increase its loans for major companies to EGP 350bn,…
NBE, Banque Misr discontinue their 20% interest rate saving certificates
The National Bank of Egypt (NBE) will discontinue offering the platinum saving…
CBE lowers interest rates 1% for the first time since floatation
The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) decided to…
