CBE mandates simplified forms for banking expenses, commissions in customer contracts
The Central Bank of Egypt (CBE) has issued a directive mandating banks…
ABE’s crop loan portfolio reaches EGP 25.6bn in September 2024
Sami Abdelsadek, Acting Chairperson of the Agricultural Bank of Egypt (ABE), announced…
CIB completes second securitization transaction for One Finance, worth EGP 679m
Commercial International Bank – Egypt (CIB) has completed the second issuance of…
CBE extends inflation target horizon to Q4 2026 at 7% (± 2%), Q4 2028 at 5% (± 2%)
The Central Bank of Egypt (CBE) has decided to extend its inflation…
CBE expected to keep interest rates unchanged for sixth consecutive meeting
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…
CIB leads syndicated loan of EGP 9bn for Madinet Masr in partnership with 6 banks
The Commercial International Bank—Egypt (CIB), acting as the lead arranger and financier,…
CBE hosts seminar on supervisory frameworks, risk management with 110 participants from African central banks
In line with Egypt’s ongoing commitment to supporting African nations, particularly in…
Banks in Egypt report EGP 426.911bn in net profits for 9M 2024
The Central Bank of Egypt (CBE) has announced that banks operating in…
CBE launches financial literacy campaign in partnership with EU, GIZ, and EBI
In a significant move to boost financial literacy and empower citizens, the…
Egyptian banking alliance grants EGP 4.235bn to Al-Zahi Group for development projects
Three leading Egyptian banks—the National Bank of Egypt (NBE), Banque Misr, and…