Tag: banks

Al-Sisi directs banks in Egypt to continue local market support, development financing

About EGP 180bn has been invested in 120,000 companies as part of…

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Egypt banks celebrate International Youth Day with increased support for financial inclusion

Egyptian banks to support new accounts at no minimum amount or fees,…

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Banks in Egypt contribute EGP 700m to support daily labourers: El-Etreby

In exclusive statement to Daily News Egypt, El-Etreby said that the donations…

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Afreximbank grants $3.55bn to Egypt banks amid COVID-19 response

Afreximbank elaborated that the $3.55bn support has been provided to the Central…

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Financial position of banks in Egypt up to EGP 6.421trn in April: CBE

Total deposits up by EGP 92.4bn, total loans rise by EGP 91.9bn

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Banks in Egypt hedge against COVID-19 despite Q1 profit decline

Daily News Egypt monitors profit decline of 12 banks out of 16…

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Egypt banks see EGP 62bn increase in local currency deposits in May

NFA surplus with banks, CBE records about $5.3bn increase

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Banks in Egypt switch to IBAN standard to ease cross-border transactions

IBAN used in international transfers, standard method for accurate identification of bank…

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Financial position of banks in Egypt up EGP 648.9bn in 1Q-3Q FY2020: CBE

Net foreign assets decline by EGP 171.5bn in March, foreign investments in…

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Local currency deposits in banks rise by EGP 41bn in April

CBE figures also show decrease in surplus of net foreign assets for…

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