Latest Banking News
Non-performing loans reach 5.9% by the end of September 2016: CBE
The private sector acquired 70% of total loans offered by banks to…
Government borrows EGP 1.121tn through bills, bonds during 2016
Ministry of Finance intends to borrow EGP 299.019bn from banks in Q1…
EGP 27.4bn increase in total credit facilities granted by banks to clients during Q1 of FY 2016/2017: CBE
The private sector accounted for 59.6% of the total of these facilities…
Deutsche settles another of its myriad lawsuits
Germany's biggest lender, Deutsche Bank, has agreed to pay a fine of…
CBE extends tourism sector support initiative until February 2018
The bank also decided to extend the retail loans initiative for employees …
Banks offer investments worth EGP 91bn in CBE’s deposit operation on Tuesday
Banks operating in the domestic market offered investments worth EGP 91bn of…
Remittances from Egyptians abroad increase by 33.2% in 1 month, amount to $1.7bn in November: CBE
Banks received $3.9373bn over three months
Balance of payments runs $1.9bn surplus during Q1 of current FY: CBE
The CBE explained in a statement on Thursday that capital and financial…
CBE dismisses rumours of Tarek Amer’s resignation
Amer will willingly complete his four-year constitutional term
United Bank signs partnership protocol with Suez Canal Economic Zone
The bank will participate in financing major projects, and provide credit facilities…