Tag: banks

Customer deposits at banks climb to EGP 13.599trn in December 2024

The Central Bank of Egypt (CBE) reported that customer deposits at banks…

Hossam Mounir

Banks direct EGP 3.9bn to priority service sectors in 2024: CBE

The Central Bank of Egypt (CBE) announced that the total contributions made…

Daily News Egypt

CBE to launch phase two of remittance digitization project with 12 participating banks

The Central Bank of Egypt (CBE) has announced preparations for the second…

Hossam Mounir

FRA approves four banks to trade government securities, financial instruments on secondary market

The Registration and Licensing Committee of the Financial Regulatory Authority (FRA), established…

Daily News Egypt

Financial position of banks operating in Egypt reaches EGP 20.799trn in 2024

The Central Bank of Egypt (CBE) announced that the total financial position…

Hossam Mounir

22 banks offer EGP 79.2bn in mortgage financing, supporting 599,512 low-income clients as of February 2025

The Social Housing and Mortgage Finance Fund (SHMFF) revealed that 22 banks…

Hossam Mounir

Banks in Egypt to offer free account openings with no minimum balance

All banks operating in Egypt will offer free account openings starting Sunday,…

Hossam Mounir

Financial position of banks in Egypt surpasses EGP 21.187trn in September 2024: CBE

The Central Bank of Egypt (CBE) has announced that the total financial…

Hossam Mounir

CBE mandates simplified forms for banking expenses, commissions in customer contracts

The Central Bank of Egypt (CBE) has issued a directive mandating banks…

Daily News Egypt

Banks in Egypt report EGP 426.911bn in net profits for 9M 2024

The Central Bank of Egypt (CBE) has announced that banks operating in…

Hossam Mounir