Latest Banking News
How small franchise projects can get funding from the Industrial Development & Workers Bank of Egypt
The Industrial Development & Workers Bank of Egypt offers funding for franchise…
Volume of allocations in banks amounts to EGP 109.383bn
The volume of provisions made by banks to deal with bad and…
Issued currency up EGP 17bn
Total currency issued by the Central Bank of Egypt (CBE) amounted to…
Banks’ investments in T-bills reached EGP 549.96bn
Banks’ investments in treasury bills (T-bills) reached EGP 549.96bn by the end…
Deposits portfolio reached EGP 3.124tn
The size of the banks’ deposits portfolio reached EGP 3.124tn at the…
80% rise in net foreign assets
The net foreign assets of the Egyptian banking sector as a whole,…
ABE, MSMEs Development Agency to sign agreement worth EGP 50m to finance women’s project within two weeks
Bank may offer funding scheme to contribute to establishing the first model…
Private business 61.9% of total non-governmental credit facilities granted by banks: CBE
Industry obtained 26.894% of total loans, letters of credit and guarantee, versus…
AAIB opens its branches for primary school students within framework of its financial education programme
In the belief that applying the definition of financial inclusion is one…
HSBC awarded Best Cash Manager in Egypt
HSBC bank was awarded as the Best Domestic Cash Manager for the…