Latest Banking News
33 banks offer investments worth EGP 278.85bn in CBE’s deposit operation
Thirty-three banks operating in the domestic market offered investments worth EGP 278.85bn…
State banks boost their investment in treasury bills by EGP 13.8bn in July: CBE
Banking sector accounts for 77% of total outstanding balances of bills
Household sector accounts for 62.8% of total deposits at banks in July
This sector’s deposits increased by EGP 8.849bn and EGP 2.729bn in foreign…
Deutsche Bank surprises with first profit in months
Germany's biggest commercial lender has posted an unexpected profit in the third…
Private sector acquire 59.5% of total credit facilities granted by banks to customers through July: CBE
Deposits increase by EGP 15.4bn, including EGP 12.8bn in local currency
Delegation of Chinese investors meet with NBE officials to discuss investment opportunities in Egypt
The bank has invited the delegation to invest in a number of…
CBE launches its regular auction with $120m, fixes US dollar at EGP 8.78
The Central Bank of Egypt (CBE) launched on Tuesday its regular weekly…
World’s oldest bank unveils rescue plan details
Troubled Italian lender Monte Paschi has said it would cut thousands of…
NBE allocates €500m for financing private sector projects: chairperson
The bank has provided loans worth EGP 24.6bn for SMEs, with more…
Outstanding balance of treasury bonds reaches EGP 753bn end of September: Finance Ministry
Bonds worth $3bn will be repaid by 17 December, while other bonds…