Latest Banking News
Banks take to various parts of country during Financial Inclusion Week
Banks open free accounts with no minimum balance, issue electronic payments cards…
CIB Egypt launches new Mobile Banking app
Mobiles became an essential part of our lives, and it has become…
NBE retail sector clients amounted to 7.1 million at end of March 2017
Retail sector deposits reach EGP 798bn, retail loans increased to EGP 41bn
Mostafa Hadhod appointed head of Egyptian Company for Agricultural and Rural Development
Company is the investment arm of the Egyptian Agricultural Bank, aims to…
ABC Egypt net loan portfolio at EGP 4.2bn at end of 2016
Bank achieved net profit of EGP 152.1m, growing by 19.9% from 2015,…
EAB forms committee to supervise its investment funds
The committee aims to improve performance of the bank's three funds and…
Renaissance Capital plans to open Cairo office
The office is set to open once we receive the regulatory approval,…
SFD, Hermes Leasing sign EGP 20m contract to finance small enterprises
Secretary general of the Social Fund for Development (SFD) Niveen Gamea; Ahmed…
Banks’ foreign trade operations worth $28bn between flotation and 10 April
Documentary credits opened for $9bn, repayment of other collection and credit documents…
Banque Misr to sign $500m loan agreement with China Development Bank
The bank has opened its representative office in Guangzhou in the framework…