Banks’ net profits increase to EGP 70.2bn by end-2018
Ten biggest banks account for 63.9% of sector’s total profits, while 5…
Offering banks’ stakes will be crossroad for IPOs: financial analyst
Implementation of IPO’s first phase is positive message indicating that state is…
Banks start issuing free e-wallets on International Women’s Day, Arab Financial Inclusion Day
CBE aims to encourage more people to join official banking system, says…
EPG 489.138bn increase in banks’ deposits in 2018: CBE
Government’s deposits hit EGP 391.7bn, family sector deposited 66% of them
For first time, CBE instructs banks to protect clients’ rights
Instructions have been in effect since 13 February, banks were given one-year…
Banks to discuss fate of deposit, lending interests this week following CBE rate cut
NBE, Banque Misr to keep interests of fixed-rate saving certificates stable, cut…
Egyptian banks increase their SME credit by EGP 136bn in 3 years
Egyptian banks increased their SMEs credit by EGP 136bn from end-2015 till…
Global Lease negotiates with four banks to fund new projects worth EGP 500m
Discussions with FMO to borrow $10m, a factoring company to be launched…
When will agricultural sector receive appropriate share of funds from banks?
Government received 28.105% of loans, industry 24.627%, services 25.957%, retail 17.286%, trade…
Planned cybersecurity centre will monitor any digital fraud in banks
The Head of Payment Systems at the Central Bank of Egypt (CBE),…