Latest Banking News
Banque Misr records EGP 5bn increase in banking portfolio during last FY
The bank spent more than EGP 40bn on salaries transferred from public…
CBE cancels meeting with representatives of investor associations
Amer refuses attendance of legal advisor to the associations
Banque Misr offers loans worth EGP 33.2bn to several economic sectors
Loans will be granted to different sectors including maritime shipping, electricity, energy,…
8 Egyptian banks among top 100 Arab Banks: UAB
Egypt occupies fifth place according to the number of banks on the…
United Bank increases number of branches in Egypt to 51
The bank aims to be present in important economic and social areas,…
Banque du Caire to open 18 new branches in 2017: chairperson
The bank's expansion plan comes in the framework of the implementation of…
Uncertainty clouds future of interest rate on Egyptian pound
The Monetary Policy Committee will hold its last meeting in 2016 on…
CBE’s new mobile banking regulation will create new business opportunities for Egyptian banks: Moody’s
There are significant growth opportunities for mobile banking in Egypt
US dollar prices at banks vary considerably on Wednesday, official price drops by EGP 0.06
The dollar value is expected to drop as companies finalise their budgets
Banks finance foreign trade operations worth $7.9bn since flotation until 14 December: CBE
This sum includes the repayment of letters of credit and documents of…