HSBC commits funding to Egypt coastal ecosystem restoration project
The partnership is taking place with the World Resources Institute (WRI), the…
12 banks in Egypt report EGP 6.495bn net profits during Q1 2021
CIB accounts for 44.27% of 12-bank profits, whilst HDB ranks second with…
Banque du Caire reports EGP 1bn in net profit in Q1 2021
Bank continues positive business results supported by ambitious plans, strategies it was…
Egypt’s interest rates expected to remain unchanged for 5th consecutive CBE meeting
Urban inflation may rise gradually from 4.1% on an annual basis in…
ADIB-Egypt forms tri-party cooperation to launch pre-paid ‘Khazna Meeza’ card
New card will extend mobile financial services to underserved, unbanked segments of…
Supporting entrepreneurship, MSMEs among Central Bank of Egypt’s priorities: Sub Governor
CBE has facilitated procedures for granting finance without approved financial statements
Egypt’s SMEs Development Agency, Banque Misr sign EGP 500m micro-enterprises finance
10,000 micro-loans will be provided across Egypt, with maximum of EGP 250,000…
Egyptian government, banking sector take strong action to support MSMEs
National Bank of Egypt receives $100m from European Investment Bank to support…
Afreximbank equips Banque du Caire with $200m intra-African finance
Facility is designed to finance Banque du Caire’s expansion across Africa
Egyptian remittances increase 8.5% to $23.4bn within 9 months: CBE
11% annual increase in remittances during March 2021 only