Latest Banking News
Local banks, foreign financial institutions offer investments worth $1.29bn in Egyptian T-bills
Highest interest rate on investment in those bills is 3.5%, while lowest…
HDB offers doctors loans to fund clinic furnishing
The Housing and Development Bank (HDB) offers doctors the necessary funding to…
CIB, AUC graduate new batch of entrepreneurs
Bank aims to support startups to develop systems, technology solutions in field…
Non-performing loans decline to 5.3% of total bank loans end-September 2017
The percentage of non-performing loans at banks working in the Egyptian market…
2.2 million clients received microfinance by end-September 2017
The number of clients who obtained microfinance services reached 2.2 million by…
Islamic banking in Egypt worth EGP 222bn
The volume of Islamic banking in the Egyptian market reached EGP 222bn,…
ABE supplies its veal project EGP 45m
The Agricultural Bank of Egypt (ABE) has provided EGP 45m to about…
Egyptian banks score EGP 44.75bn profits end-September: CBE
Top five banks account for 46.67% of total profits, top 10 accounts…
$1.5bn surplus in Q1 FY 2017/2018 balance of payments: CBE
Exports increased to $5.8bn between July and September 2017, against $14.8bn imports