Latest Banking News
Suez Canal Bank achieves net profit of EGP 96m in 1Q 2022
Loan portfolio, customer facilities grow by 9%
ABE injects EGP 1bn to stimulate agricultural, livestock investment in New Valley
The bank will not hesitate to support the state’s efforts to achieve…
Volume of Islamic banking in Egypt increased to EGP 434bn in March
Faisal Bank came in first place with a turnover worth EGP 137bn
New savings certificates aim to enhance bank’s long-term, fixed-return savings products: CIB
Customers will be given new options to encourage them to start their…
Egypt’s HDB records 7.8% growth, total profits of EGP 878m in 1Q 2022
Chairperson says plans for growth, development of HDB lead to rapid growth…
ADCB – Egypt sees sturdy jump in net profits of 68% in 1Q 2022
Bank achieves tangible progress in implementing its five-year strategy to enhance brand…
ABE Chairperson, New Valley Governor open recently developed bank branch in Kharga
ABE’s top priority is to support financial inclusion, in implementation of CBE’s…
CBE explains its reasoning for raising interest rates by 2%
MPC decided that raising policy rates is necessary to contain inflationary pressures,…
CBE to discuss interest rates, EGP’s value on Thursday amid strong expectations of hike
The current interest rates are 9.25% for deposit, 10.25% for lending, and…
CBE will not hesitate to take measures it deems necessary to curb inflation: CBE Governor
The governor added that negotiations with the IMF are going well