Latest Banking News
ADIB-Egypt achieves record-breaking results in 2023, its net profits soar to EGP 4.7bn
‘We are proud of our exceptional performance that reflected our commitment to…
CIB Egypt is first bank in country to publish case study in partnership with LinkedIn Learning
This collaboration enhances digital education experience for Egyptian youth
Suez Canal Bank’s net profits soar by 121% to EGP 2.3bn in 2023
Bank reports 38% increase in total assets, 14% increase in loans, and…
Banking sector contributes EGP 2bn to CSR projects in 2023: CBE
The Central Bank of Egypt (CBE) announced that the banking sector allocated…
CBE sets new rules for funding financial leasing companies
Banks must limit their credit facilities, investments in securitisation portfolios of companies…
Central Bank of Egypt’s assets reach EGP 5.107trn in January 2024
CBE reports net profit of EGP 80.23bn
Saib Bank reports EGP 1.6bn pre-tax profits in 2023
Net income from returns in local currency increased by EGP 1bn or…
Amounting to EGP 10.4 Billion, FABMISR Reports 131% increase in profits during FY2023
Fayed: FABMISR has successfully achieved significant growth across all key indicators, which…
CIB to issue financial instruments worth $1bn, increase its capital to EGP 30.431bn
The Commercial International Bank - Egypt (CIB) announced that it will hold…