Latest Banking News
CBE to launch $1bn tender for local treasury bills in US currency
The Central Bank of Egypt (CBE) will launch a tender for local…
CBE to discuss EGP interest rate fate for first time in 2024
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…
HDB, Ministry of Emigration explore cooperation on various initiatives
The Housing and Development Bank (HDB) and the Ministry of State for…
HDB opens new branch in New Cairo, expanding its network across Egypt
The Housing and Development Bank (HDB) inaugurated its “Les Roi” branch in…
Five banks finance over 210,000 projects with EGP 27.8bn under ‘Mashrou’ak’ initiative
Banks are NBE, Banque Msir, Banque du Caire, HDB, and ABE
CIB issues social sustainability bonds worth EGP 3.806bn for Tasahil
First, largest securitization bond issuance of this type in Egypt, Africa
ADCB collaborates with UNIDO to support green growth in Egypt
Abu Dhabi Commercial Bank Egypt (ADCB) has joined the Inclusive Green Growth…
Abu Dhabi Islamic Finance’s Arzaq gets licence to open 13 branches in 10 Egyptian governorates
Arzaq, a microfinance company owned by Abu Dhabi Islamic Bank Egypt, has…
CBE’s EG-FinCIRT joins OIC-CERT
The Central Bank of Egypt (CBE) announces that its Computing Incident Response…
ABE reports impressive growth in business results for 2023
Loan portfolio increases to EGP 78.8bn, benefiting 543,177 customers with 23% growth