Latest Banking News
MSMEDA, Banque du Caire ink EGP 500m agreements to finance 5,300 micro-enterprises
The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) and Banque du…
HSBC Egypt launches Treasury APIs for real-time access to award-winning cash management services
HSBC Bank Egypt has launched a new Treasury API solution to help…
Egypt to issue €600m Euro-denominated T-bills
The Central Bank of Egypt (CBE) will issue €600m in euro-denominated treasury…
MIDBANK extends EGP 1bn credit facilities to Raya Information Technology
MIDBANK has announced the provision of comprehensive credit facilities worth EGP 1bn…
United Bank contributes EGP 600m to syndicated loan worth EGP 6.2bn for Mountain View project
United Bank has participated with EGP 600m in a syndicated long-term loan…
Suez Canal Bank net profits surge 71% to EGP 3.1bn in H1 2025
Suez Canal Bank has reported a sharp rise in profitability for the…
Egypt’s bank deposit, lending rates fall as monetary easing takes hold
The Central Bank of Egypt (CBE) reported that deposit and lending rates…
Egypt launches first-ever bachelor’s degree in banking sciences across commerce faculties
In a landmark step toward cultivating a new generation of banking professionals…
Egypt’s net international reserves hit record $49.04bn in July: CBE
The Central Bank of Egypt (CBE) announced on Tuesday that the country’s…
Egypt’s banking sector net foreign assets rise to $14.94bn in June 2025
The Central Bank of Egypt (CBE) announced that net foreign assets held…