Latest Banking News
Interbank EGP transactions via RTGS near EGP 69trn in Q1 2025: CBE
The Central Bank of Egypt (CBE) announced that the total value of…
Egyptian banks offer fee-waived, no-minimum accounts through April for financial inclusion drive
In celebration of Arab Financial Inclusion Day, the Central Bank of Egypt…
CBE governor meets AFI chief to discuss financial inclusion progress
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), met with…
AAIB announces robust 2024 results, net profits hits $301m
A $301m net profit for 2024 has been announced by the Arab…
Egypt’s net international reserves climb to $47.76bn in March 2025: CBE
Egypt’s net international reserves rose to $47.757bn in March 2025, up from…
United Bank approves 2024 financial statements, reviews growth, expansion plans
United Bank held its General Assembly meeting under the chairmanship of Omar…
US dollar surges EGP 0.53 at Sunday close
The official exchange rate of the US dollar at the Central Bank…
Net foreign assets in Egypt’s banking sector rise by $1.5bn in February 2025
The Central Bank of Egypt (CBE) announced that net foreign assets within…
FRA approves four banks to trade government securities, financial instruments on secondary market
The Registration and Licensing Committee of the Financial Regulatory Authority (FRA), established…
Financial position of banks operating in Egypt reaches EGP 20.799trn in 2024
The Central Bank of Egypt (CBE) announced that the total financial position…