CBE reveals developments in Egypt’s external debt as of June 2024
Egypt’s external debt reached $152.9bn in June 2024, marking a decrease of…
CIB completes EGP 1.82bn securitization transaction for GB Leasing
The Commercial International Bank (CIB) Egypt has successfully completed its ninth securitization…
10th of Ramadan Investors seeks strategic partnership with CIB to enhance Egyptian exports to Africa
The 10th of Ramadan Investors Association recently met with representatives from the…
Egypt’s external debt decreases by $11.8bn in FY24: CBE
The Central Bank of Egypt (CBE) has reported a significant decrease in…
CBE issues guide to identify true bank customer beneficiaries
The Central Bank of Egypt (CBE), in cooperation with the Egyptian Money…
Agricultural Bank of Egypt, Elsewedy Watanya sign cooperation protocol to finance modern irrigation solutions
The Agricultural Bank of Egypt (ABE) has signed a cooperation protocol with…
Banque Misr, Suez Canal Bank, and Al Baraka alliance secures $108m financing for MAFI
A banking alliance led by Banque Misr, alongside Suez Canal Bank and…
Financial soundness indicators highlight resilience of Egypt’s banking sector: CBE
The Central Bank of Egypt (CBE) has confirmed that the latest Financial…
Egypt’s banking sector records $5.95bn net foreign asset surplus in November 2024
The Central Bank of Egypt (CBE) announced that the banking sector’s net…
Local liquidity in Egypt’s banking sector increases by EGP 2.46trn in 11M 2024
Egypt’s banking sector saw a significant increase in local liquidity, rising to…