Latest Banking News
NBE’s customer deposits exceed EGP 3.6trn in November 2023
Corporate loans reach EGP 2trn, SME financing records EGP 157.6bn
CBE reports EGP 78bn in microfinance, receives honour from EFFMSMP
The Central Bank of Egypt (CBE) announced that its various initiatives have…
Banque du Caire records net profits of over EGP 4.5bn in September 2023, growing by 57%
Banque du Caire posted net profits of over EGP 4.5bn in September…
CBE introduces new guidelines to fight money laundering, terrorism financing
The Central Bank of Egypt (CBE) has issued new guidelines to fight…
ABE offers soft loans for cattle import, milking machines
Bank’s initiative provides loans with 5% decreasing interest rate
Banque du Caire, El Taamer agree to finance Urban Business Lane project with EGP 956m
Financing agreement complements Banque du Caire's efforts to support real estate sector:…
MIDBANK reports remarkable growth in 2023 after overhaul, digital shift
Total budget, net loans, customer deposits, and property rights soar by 89%,…
CBE reports key financial soundness indicators for banks in Q3 2023
Non-performing loans in banks remain at 3.3% of their total loan portfolio…
Central Bank of Egypt to discuss interest rate for last time in 2023 on Thursday
Egypt likely to hold steady on interest rates amid economic reforms, analysts…
CBE reports EGP 14.742trn total financial position of banks in 3Q 2023
Capitals register EGP 323.776bn, reserves EGP 492.386bn, and allocations EGP 305.455bn