Latest Banking News
Financial position of banks in Egypt reaches EGP 14.473trn in August 2023: CBE
Net foreign assets of the banking sector increase by EGP 33.3bn in…
Fahmy Hanna appointed as non-executive chairperson of saib pending CBE approval
The Board of Directors of saib bank has appointed Fahmy Hanna as…
Al-Sisi reforms CBE board of directors
Hassan Abdallah reappointed as governor, Rami Aboulnaga remains as deputy governor, Tarek…
saib reports 51% growth in pre-tax profits in September 2023
saib bank achieved pre-tax and provisions profits of EGP 1.6bn ($51.9m) in…
CBE urges banks to join Decent Life Initiative
The Central Bank of Egypt (CBE) has called on the banking sector…
CBE highlights digital transformation achievements in e-payment services
Meeza aims to provide financial services at reasonable prices to achieve financial…
E-payment cards surge to 62 million in Egypt as of September 2023: CBE
Electronic transactions in Egypt to hit EGP 13trn by 2023-end, up 94%…
CBE announces financial inclusion rate of 67.3% in June 2023, aims for 70% by year-end
Egypt achieves remarkable progress in financial inclusion, surpasses many countries in field
CBE sets rules for credit information, rating companies
The Central Bank of Egypt (CBE) has issued new regulations for credit…
Islamic banking in Egypt grows by 27% in 2023, reaching EGP 562bn: EIFA
Faisal Islamic Bank is in first place with business volume of EGP…