Latest Banking News
CBE reveals bank performance indicators in April 2022
Total financial position of banks increases to EGP 9.626trn, with total capital…
Al Ahli Bank of Kuwait – Egypt achieves net profit of EGP 887m in 1H 2022
Bank’s total assets grow by 8% to EGP 61.4bn in June 2022…
Agricultural Bank of Egypt finances sugar beet farmers in Fayoum
Bank expands in financing contract farming to raise standard of living of…
Egypt’s current account deficit remains almost unchanged at $13.6bn in July/March FY 2021/22: CBE
Egypt's balance of payments records $7.3bn overall deficit in 9M of FY…
EGP 516.9bn increase in non-governmental bank deposits in local currency within 6 months: CBE
Non-governmental bank deposits in local currency reach EGP 4.986trn in June 2022
Major leap in performance of Agricultural Bank of Egypt by end of 1H 2022
More than EGP 60bn in loans, and the deposit portfolio jumped to…
NBE, BM achieve profits of EGP 102.6bn before taxes within 18 months
The statements also indicated that NBE achieved net profits after taxes of…
Egyptian market awaits CBE’s decision on interest rates after latest move by US Federal Reserve
MPC to hold its regular meeting on 18 August to discuss future…
Bank of England, CBE team up to fight climate crisis
As part of a technical cooperation scheme funded by the British government,…
