Latest Banking News
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…
AAIB raises value of financing package granted to SODIC Group to EGP 1.4bn
The bank's total loans to SODIC Group increased to EGP 4bn over…
ABE is considering signing contract with SMEDA for EGP 250m to finance small projects
ABE funds establishing of the first model village for animal and agricultural…
Can CBE reduce inflation to 10%-16% by the end of 2018?
The key objective of monetary policy in the next phase is to…