CIB, EBRD sign €50m credit risk guarantee agreement to boost Egyptian SMEs
Commercial International Bank (CIB) and the European Bank for Reconstruction and Development…
CBE to launch $900m T-bill auction
The Central Bank of Egypt (CBE) will conduct a $900m local treasury…
Banque du Caire reports EGP 8.6bn net profit in 9M 2024
Banque du Caire achieved net profits of EGP 8.6bn in September 2024,…
Banque Misr reports profit before tax of EGP 70.1bn in H1 2024
Banque Misr achieved a profit before income taxes of EGP 70.142bn in…
NBE achieves EGP 43.5bn profit before tax in Q1 2024
The National Bank of Egypt (NBE) reported a significant increase in profits…
CBE assets rise to EGP 6.213tn in October
The Central Bank of Egypt (CBE) has reported an increase in its…
Foreign assets in Egyptian banking sector reach $9.2bn in October 2024: CBE
The Central Bank of Egypt (CBE) has announced that the Egyptian banking…
MSMEDA partners with banks to offer Islamic financing for small enterprises: CEO
Basel Rahmy, CEO of Egypt’s Micro, Small, and Medium Enterprises Development Agency…
AAIB, IFC, EBRD, and BII launch $500m sustainability bond to advance climate finance, support MSMEs
The Arab African International Bank (AAIB) has issued a $500m sustainability bond,…
IFC provides $150m loan to CIB to support MSMEs in Egypt
The International Finance Corporation (IFC) has announced a $150m financing package for…