Tag: banking sector

Financial soundness indicators highlight resilience of Egypt’s banking sector: CBE

The Central Bank of Egypt (CBE) has confirmed that the latest Financial…

Daily News Egypt

Egypt’s banking sector records $5.95bn net foreign asset surplus in November 2024

The Central Bank of Egypt (CBE) announced that the banking sector’s net…

Hossam Mounir

Local liquidity in Egypt’s banking sector increases by EGP 2.46trn in 11M 2024

Egypt’s banking sector saw a significant increase in local liquidity, rising to…

Hossam Mounir

CBE authorizes banks to open financial inclusion accounts

The Central Bank of Egypt (CBE) has granted banks permission to open…

Hossam Mounir

Corporate Social Responsibility programmes in Banking sector reached EGP 4.608bn in 2021: CBE Governor’s Advisor

CSR contributes to the value creation of banking sectors and increase advancement…

Daily News Egypt

Net foreign assets in banking sector rise EGP 20.991bn in December 2020

Household sector added EGP 643.108bn in local currency deposits during 2020

Hossam Mounir

High solvency, liquidity enable Egypt banking sector to function successfully amid COVID-19: Central Bank

Banking sector has witnessed high financial stability in past years, allowing it…

Hossam Mounir

NBE holds 29% of deposits, 21.2% of retail loans in Egyptian banking sector

Bank achieved 17% growth in deposits to EGP 1.186bn end-June 2019, retail…

Hossam Mounir

Banking sector maximised market suffering, head of automotive division at CCC unveiled

Customers coped by purchasing Chinese cars due to their lower prices, or…

Daily News Egypt

Egypt’s economy growth potential considered enormous, subsequently banking sector: Abaza

Egyptian market filled with lucrative, untapped opportunities, says CEO, board member at…

Hossam Mounir