HDB, MasterCard sign partnership contract to expand electronic payment system
This step is an activation of HDB's strategic objectives, which aim to…
ABE signs agreement to finance 1.5 million-feddan reclamation project
Farouk emphasized ABE's keenness to cooperate with the Ministry of Agriculture and…
CIB – Egypt celebrates five years of sustainability reporting
Event highlights importance of Bank’s commitment to creating shared value while contributing…
Suez Canal Bank achieves 24% growth in net profit before appropriation
Bank records 11% growth in loan portfolio in September 2020
CBE to float $1.56bn Treasury bills
The proceeds of this issuance will be used to pay for the…
Initial audit report had no substantial effect on CIB financial position: Chairperson
Sami stressed that CIB pays great attention to CBE notices regarding compliance…
Banks in Egypt discuss fate of interest rates following CBE’s cut
Yield of some savings certificates, loan products automatically decreases by 0.5%, while…
CBE expects inflation to average under 6% in Q4 2020
Interest rate cut currently provides adequate support for economic activity, consistent with…
HDB records EGP 1.9bn in profit before tax during 9M 2020
Positive results recorded despite economic challenges, exceptional circumstances this year: Chairperson
CBE to discuss fate of interest rate on Thursday
MPC meeting is shrouded in ambiguity regarding expected decision, as some analysts…