Latest Banking News
20% increase in loans, 15% more deposits at Al Baraka Bank: Beltone
Foreign currency loans account for 25% of loans, while deposits in foreign…
Increase of EGP 63.8bn in loans, EGP 51bn in deposits at Banque Misr
Bank achieved the highest profits in its history, a total of EGP…
EFSA approves deal to sell CI Capital to Arab and Egyptian investors
This comes after the deal of selling CI Capital Holding to Naguib…
EGP loses ground to USD, falls to EGP 16.3 at NBE, Banque Misr
The Egyptian pound losing ground to the US dollar will last for…
CBE provides banks $420m to cover companies’ flotation debts
The Central Bank of Egypt (CBE) provided $420m to local banks to…
NBE achieves EGP 12.5bn NIAT for FY 2015/2016: chairperson
NBE's balance sheet increased by EGP 183.6bn, while the loan portfolio hits…
18 Egyptian banks on UAB Top 100 African Banks ranking
Egyptian banks’ assets on the list account for 21% of total assets…
CIB-Egypt raises savings account returns to 12.5%
The Commercial International Bank (CIB)-Egypt has raised the upward return of the…
Banque Misr launches nationwide cash transfer service via mobile phones
Banque Misr has launched a cash transfer service that enables clients and…
NBE will secure its branches with Egyptian technology to support Egyptian products
NBE signed a contract with Benha Electronics Company to supply electronic, metal-detecting…