Latest Banking News
Egypt’s economic reforms re-attract global investments
Continuing reform policies and measures with the aim to increase FDIs and…
Flotation toughest, most daring decision between Euromoney 2016, 2017: Fayed
The economic reform programme is a new breakthrough for economic growth and…
Banque du Caire to inject EGP 5bn in syndicated loans to several economic sectors: vice chairperson
We are considering participating in the EEHC loan by EGP 3bn, next…
AIBK plans to increase its capital to EGP 1.5bn by end of 2017: chairperson
We have an ambitious plan that aims to take the financing portfolio…
The new board of directors of the Suez Canal Bank is soon to finalise its strategy: Chairperson
We aim to expand the bank’s customer base, increase the number of…
Balance of Payments marks surplus of $13.7bn in FY 2016/2017: CBE
Exports revenues amount to $21.7bn, imports register $57.1bn, tourism profits at $4.4bn,…
Can the banking sector achieve financial inclusion alone?
The CBE holds the largest international conference on financial inclusion from 13…
Banknote issuance to GDP increases to 13.42% in May: CBE
CBE printed new banknotes worth EGP 15.774bn this month
EGP 55bn increase in bank deposits, EGP 39bn increase in loan portfolio in May 2017: CBE
Foreign investments in T-bills hike to EGP 176,000bn at the end of…
NBE opens first two branches of Al Ahli Exchange Company
The company was established with a capital of EGP 200m and a…