Tag: Banking

Domestic liquidity in Egyptian banking sector increases to EGP 6.808trn in August 2022: CBE

Volume of non-governmental bank deposits in local currency increased to EGP 5.128trn

Hossam Mounir Hossam Mounir

Acting CBE Governor kicks off tenure with reassurance message: Egyptian banking system accustomed to overcoming challenges

This difficult stage requires concerted efforts to develop banking sector, everyone should…

Hossam Mounir Hossam Mounir

CBE extends exemption of some banking services from commissions until end of 2022

Exemption from commissions and fees for transfers between mobile accounts and transfers…

Hossam Mounir Hossam Mounir

Egyptian investors to provide investment banking through fintech

This represents the first practical application of the recently enacted Fintech Law…

Shaimaa Raafat Shaimaa Raafat

Volume of Islamic banking in Egypt increased to EGP 434bn in March

Faisal Bank came in first place with a turnover worth EGP 137bn

Shaimaa Raafat Shaimaa Raafat

ITS discusses regulatory framework for cybersecurity in banking sector

The conference also discussed ways of cooperating with banks to provide all…

Mohamed Alaa El-Din Mohamed Alaa El-Din

Work underway on centralised online banking system: CBE

‘Know Your Customer’ project will enable citizens to open bank accounts online:…

Daily News Egypt Daily News Egypt

CBE to look into export councils’ financing difficulties from banking system

Abu Al-Makarem added that the heads of export councils demanded activating some…

Daily News Egypt Daily News Egypt

Egyptian banking sector handles pandemic’s repercussions efficiently: CBE

Banks adopt special measures that result in growth of their credit, investment…

Hossam Mounir Hossam Mounir

Net foreign assets of banking system increase EGP 23.923bn in September 2021: CBE

Household sector accounts for 83% of total bank deposits, while private business…

Hossam Mounir Hossam Mounir