Latest Banking News
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…
CBE aims to keep up with financial technology developments: Deputy Governor
Number of startups in industry increases fivefold from 2017 to 2022
How CIB outperforms its peers on EGX in 3Q 2023
CIB’s stock surges above fair value: What’s behind its growth?
ADCB leads pack with 35% market share
In a dynamic banking landscape, smaller banks continue to outpace their larger…
ADIB Egypt among five fastest-growing banks listed on EGX: CEO
27.21% growth in total assets during 9M 2023
Digital services, customer satisfaction put CIB in the lead
Digital services have become indispensable in the banking sector, significantly influencing customer…
Faisal Islamic Bank leads tier-1 capital adequacy index at 27.5%
The capital adequacy ratio of the Egyptian banking sector decreased in 2022…