Tag: banks

Egyptian government plans to borrow EGP 1.293trn from domestic market

The Egyptian government plans to borrow EGP 1.293trn from the domestic market…

Hossam Mounir

CBE withdraws EGP 1.24trn from 24 banks in open market operation at 27.75%

The Central Bank of Egypt (CBE) withdrew EGP 1.24tn from 24 banks…

Daily News Egypt

Egypt’s external debt falls to $152.9bn in June

Egypt's external debt decreased to $152.9bn by the end of June 2024,…

Daily News Egypt

Banks, mortgage finance companies pump EGP 75.6bn into low-income initiative in September

Banks and finance companies participating in the mortgage finance initiative for low-income…

Hossam Mounir

Banks operating in Egyptian market achieve net profits worth EGP 289.409bn in H1 2024: CBE

The Central Bank of Egypt reported that banks operating in the Egyptian…

Hossam Mounir

Banks, companies offer EGP 73.09bn under ‘Affordable Housing Initiative’ until August

Banks and mortgage companies participating in the Affordable Housing Initiative have provided…

Hossam Mounir

Egypt’s economy shows signs of recovery despite challenges: IMF

Egypt's economy is showing signs of recovery following a difficult period marked…

Daily News Egypt

Egyptian microfinance portfolio surpasses EGP 93.4bn to 4.5 million clients

The total microfinance portfolio exceeded EGP 93.4bn, benefiting over 4.5 million clients…

Hossam Mounir

Banks, financing companies inject EGP 70.6bn into low-income housing initiative by June 2024

The Social Housing and Mortgage Finance Fund recently disclosed that banks and…

Hossam Mounir