Latest Banking News
Al Baraka Bank records EGP 1.59bn in profits in 1H 2023, with 38% growth
Al Baraka Bank has announced that its profits before tax exceeded EGP…
Suez Canal Bank announces 134% increase in net profit to EGP 628m during 1H 2023
Suez Canal Bank’s general assembly approves increasing paid-up capital to EGP 5bn…
HDB records 150.4% jump in net profits to over EGP 3bn during 1H 2023
Bank continues to reap benefits of solid position in banking sector: Hassan…
How does raising interest rates affect stocks of banking sector?
Investors aware of inflation-interest gap: Geneina
Ahli United Bank – Egypt achieves EGP 2.18bn in net profit during 1H 2023
Bank's achievement of strong business results was driven by sustainable growth of…
Central Bank of Egypt to decide interest rate Thursday, ‘no change’ expected
Basic interest rates were increased by 2% on 30 March and total…
CIB participates in ESCWA multi-stakeholder platform for protecting biodiversity
Commercial International Bank of Egypt (CIB), Egypt's largest private sector bank, participated…
Fintech serves as keystone element in banking, financial development in Egypt: CBE
Egypt has over 177 fintech startups, payment platforms, 5.5 times increase in…
NBE, Banque Misr offer new 7% and 9% dollar savings certificates
The National Bank of Egypt (NBE) and Banque Misr announced Tuesday the…