Latest Banking News
Limited response from banks to CBE’s move to lower interest rates
ALCOs of banks operating in Egypt will hold intensive meetings Monday to…
Attijariwafa Bank Egypt loan portfolio grew 31% at end-Q3 2017
Real estate, energy, food, leasing, microfinance sectors accounted for large part of…
AAIB contributes to long-term joint financing of EGP 4bn for Misr Petroleum, COOP
Funding solidifies bank's role in supporting energy sector, says AAIB CEO
SMEDA signed contract with Banque du Caire worth EGP 500m to fund microenterprises
25% of contract dedicated to women, 60% to workers below poverty line,…
Wave of large cuts in bank interest rates on deposits, loans starting Sunday
Banks operating in the local market started on Sunday a wave of…
How to get a personal loan from AlexBank
If you are a government or private sector employee whose employer transfers…
Islamic banking valued at EGP 240bn at end-2017
The volume of Islamic banking in Egypt by the end of 2017…
ABE launches electronic portfolio
The Agricultural Bank of Egypt (ABE) has signed a cooperation protocol with…
CBE activates electronic link between Egyptian banks, COMESA countries
The Central Bank of Egypt (CBE) held a workshop attended by 60…
AIBK signs partnership agreement with Fawry to provide e-payment services
Cooperation with Fawry is beginning of digital banking services, says Seif El-Nasr