Latest Banking News
CIB integrates ESG principles into internal policies of departments
The policies have been developed in line with local and global standards…
Renewable energy storage a priority to ensure flexibility, balance, needs: IRENA
We support Egypt in the transition to clean energy: Director-General
13 banks in Egyptian market report EGP 21.778bn net profits in 1H 2022
CIB tops list in terms of net profit at EGP 7.773bn, followed…
Acting CBE Governor kicks off tenure with reassurance message: Egyptian banking system accustomed to overcoming challenges
This difficult stage requires concerted efforts to develop banking sector, everyone should…
Central Bank expounds Egypt’s external debt in 1Q 2022
External debt registers $157.8bn, of which $131.4bn (83.3%) is long-term debt, while…
Acting CBE Governor appoints Hisham Ezz Al-Arab and Mohamed Naguib as advisors
Central Bank of Egypt Acting Governor Hassan Abdalla has appointed Hisham Ezz…
Egyptian remittances increase 1.6% to $31.9bn in FY2022: CBE
Remittances reached $31.4bn, $27.8bn in FY2021, FY2020, respectively
HDB expands its integrated banking activities, records strong growth in 1H 2022
Bank achieved standalone profit of EGP 1.2bn in June 2022, increase of…
CIB launches Instant Payment Network to support digital transformation plans
Total payments made through InstaPay app reach nearly EGP 2.6bn
Hassan Abdalla named Acting Governor of Central Bank of Egypt
Al-Sisi meets Abdalla, stresses need to develop monetary policy in line with…