Banks to begin implementing CBE’s decision to raise mandatory reserve ratio of deposits on Tuesday
The CBE’s decision pushes banks to expand the financing of SMEs, as…
CBE raises banks’ reserve requirement
The Central Bank of Egypt (CBE) decided to raise the reserve requirement…
Banks in Egypt issue 2 million credit cards during H1 2017: CBE
The number of debit cards jumped to 17,562 million cards in June…
Banks’ profits in Egypt worth EGP 47.381bn by end of H2 2017: CBE
The five largest banks account for 69.52% of total profits, the top…
Banks’ capital increases by EGP 128.42bn at end of June 2017: CBE
The return on average assets of banks operating in the Egyptian market…
CBE announces new BoD of state-owned banks beginning of next week
Okasha for NBE, El-Etreby for BM, Fayed for Banque du Caire, Kamal…
New micro-finance initiative worth $2.8m launched in Egypt
Egypt’s micro-finance segment is gaining new momentum thanks to central bank and…
Limited changes in boards of government banks before end of September 2017
Two leaders expected to be sacked, 4 likely to stay, ambiguity surrounds…
Banks’ capital increases by EGP 13.74bn in April: CBE
The increase came as a result of using a part of the…
41.9% increase in cash balances at banks in 2015/2016
Insurance companies’ total financial position reached EGP 65.8bn