Latest Banking News
Housing and Development Bank launches new service targeting wealthy clients
Bank’s profit before tax increases 10.8% y-o-y, recording EGP 1.45bn in FY…
Pundits expect Central Bank to keep interest rate unchanged in 6th monetary policy meeting for 2021
MPC decided, on 5 August, to maintain basic interest rates with CBE,…
To mark Farmer’s Day, Agricultural Bank offers new facilities in ‘Bab Rizq’ microfinance programme
Bank plans to expand branch network to 2,000 branches over 5 years:…
Mashreq Bank Egypt appoints Ragia Samir as senior vice president, marketing head
Bank opens new representative office in Shanghai, China
Arkan Palm receives EGP 1.5bn bank finance for 1st phase of ‘205’ real estate project
Five banks partner to provide financing, including Export Development Bank of Egypt,…
Egypt sees 1 billion electronic banking transactions worth over EGP 2.8trn in FY 2020/21: CBE
CBE initiative for electronic payment has contributed to increasing POS terminals to…
CIB sets Guinness World Record for most viewers of financial inclusion awareness video on YouTube
Bank’s efforts to educate youth on financial inclusion culminated in creation of…
Egypt’s special drawing rights jump by $2.646bn in August: CBE
The Central Bank of Egypt (CBE) has revealed that the balance of special drawing…
HDB offers EGP 12.5m to finance Elsewedy Technical Academy’s 3rd branch establishment
Partnership aims to qualify strong generation of technical education graduates
Egypt to host IsDB annual meeting for 1st time in 30 years
Egypt has succeeded in getting the approval of the Board of Governors…