Egypt’s market interest rates slightly decline despite CBE’s 0.5% cut
Returns on debt instruments also see minor decreases
SANAD, Banque du Caire strengthen partnership to support MSMEs in Egypt
NEW loan of $15m bolsters funding base for important economic pillars
6 banks provide EGP 15.4bn to ‘Mashro’ak’ programme by end of August 2020
Upper Egypt largest beneficiary of development projects implemented, seeing 79,000 projects put…
CIB renews environmental commitment with Amal El Araby Award for Paper and Energy Champs
Award reflects bank’s sustainability initiative designed to raise awareness and employee engagement…
Banks to study impacts of interest rate cut on savings, loan products
Returns on some savings certificates and loans automatically dropped by 0.5% after…
Egypt’s new banking law comes into force after Al-Sisi’s ratification
Banks obliged to reconcile their conditions under its provisions within 1 year,…
CBE reveals bank performance indicators for H1 2020
Banking sector deposits rise to about EGP 4.7trn, financial position of banks…
State banks see limited changes to Boards of Directors
Renewal for Okasha, El-Etreby and their deputies at NBE and Banque Misr,…
Scrapping 15% saving certificates to positively affect banks, raise profits
Suspension of these certificates will increase competition among banks in attracting household…
CIB Celebrates One Year Since Signing the UNEP-FI’s Principles for Responsible Banking
The Bank is celebrating a year of achievements on the sustainability front…