Latest Banking News
CBE signs $1.36bn currency swap agreement with Emirati counterpart
The Central Bank of Egypt (CBE) and the Central Bank of the…
CBE Governor calls on Chinese banks to enter Egyptian market
Abdalla, Chinese counterpart discuss currency swap agreement to reinforce Egyptian government’s plan…
CBE reports on deposits, employment in banks in April 2023
Household sector accounts for 76.2% of total deposits
Banque Misr invests EGP 70bn in over 165 companies
Bank increases capital of its branch in UAE to AED 1.59bn
Banks operating in Egypt record EGP 126.9bn of net profits in 1H 2023
The banks operating in the Egyptian market achieved a net profit of…
Banque du Caire launches new security control unit
Unit provides assistance to all bank’s sectors, intervene to maintain service quality…
Banks in Egypt improve accessibility for people with disabilities
Banks implement CBE’s instructions of September 2021 to facilitate access of this…
Banque Misr sponsors Egypt’s national football teams until 2026 World Cup
Sponsorship emphasizes bank’s role in social responsibility, as key axis for sustainable…
Banks provide EGP 4bn in indirect financing for Decent Life initiative in six months
The Central Bank of Egypt (CBE) reported that banks operating in the…
CBE eases banking access for illiterate, elderly customers
Facilities include accepting fingerprints as alternatives to signature