Latest Banking News
22 banks offer EGP 54.3bn in mortgage finance for low-income housing in February 2023
NBE provides EGP 15.464bn in mortgage finance to 133,864 customers, accounting for…
Financial position of banks in Egypt breaks EGP 12trn barrier in November 2022: CBE
Bank deposits reach EGP 8.373trn with 28.99% growth, credit facilities increase to…
Cabinet’s IDSC discusses fiscal policy trends, debt sustainability
Workshop includes 22 experts from World Bank, banking sector, research centres, besides…
HDB’s net profit grows 23.3% to EGP 2.257bn in 2022
Bank's business results in 2022 show strength of financial position, strong growth:…
Banque du Caire launches “Tally” e-payments company, with EGP 500m paid-up capital
Launch comes in light of bank's strategy to expand in digital transformation…
HDB honours its corporate, syndicated loans, SME finance departments
Bank’s SME finance department achieves CBE’s objectives in this sector: Chairperson
Al Baraka Bank Egypt records 55% growth in net profits to EGP 1.755bn in 2022
Bank’s financing, facilities increase 46% to EGP 35.4bn, deposits record EGP 74.4bn
CIB, FMO sign $50m credit guarantee agreement to support SMEs
Agreement falls in line with CIB’s strategy for supporting SMEs, growing its…
Islamic banking in Egypt increases to EGP 496bn in 2022
Faisal Islamic Bank leads market with turnover of EGP 151.6bn