Tag: banks

CBE unveils key financial soundness indicators for banks in Egypt during Q1 2025

The Central Bank of Egypt (CBE) has published the latest financial soundness…

Hossam Mounir

Banks in Egypt report EGP 152.8bn in net profits for Q1 2025: CBE

Banks operating in the Egyptian market recorded net profits of approximately EGP…

Hossam Mounir

Egypt secures $15.6bn in concessional financing for private sector since 2020: El-Mashat

Minister of Planning, Economic Development, and International Cooperation Rania El-Mashat announced during…

Daily News Egypt

Financial position of banks in Egypt rises to EGP 22.039trn in February 2025

The Central Bank of Egypt (CBE) has reported that the consolidated financial…

Hossam Mounir

Banks inject EGP 82.1bn into low-income mortgage initiative until April 2025

The Social Housing and Mortgage Finance Fund (SHMFF) has announced that banks…

Hossam Mounir

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