Latest Banking News
CBE receives 27 offers worth $1.241bn for local treasury bills tender
The Central Bank of Egypt (CBE) received 27 offers amounting to $1.241bn…
CBE to offer a $1bn treasury bill tender on Monday
The Central Bank of Egypt (CBE) will offer a $1bn local treasury…
Banque Misr launches instant money transfer service for Egyptian expats
Banque Misr has introduced a new instant money transfer service that allows…
CBE reports $26.3bn in remittances for 11M 2024
The Central Bank of Egypt (CBE) has announced a remarkable rise in…
CBE reports key updates on deposit, lending trends in banks in September 2024
The Central Bank of Egypt (CBE) has unveiled the latest trends in…
Banque Misr signs EGP 300m contract with MSMEDA to fund 3,000 micro-projects
Ahmed Issa, Deputy CEO of Banque Misr, and Basel Rahmy, CEO of…
CIB, MSMEDA sign strategic partnership to support SMEs
Commercial International Bank (CIB) has announced the signing of a strategic cooperation…
CBE’s net foreign assets reach $11.64bn surplus in December 2024
The Central Bank of Egypt (CBE) reported a surplus in its net…
CIB completes EGP 1.56bn securitization deal for B.TECH, serving as financial advisor, arranger, and manager
The Commercial International Bank (CIB) Egypt has successfully concluded the fourth securitization…
CBE explains decline in inflation during December 2024
Annual urban headline inflation decreased to 24.1% in December 2024, down from…