Banks operating in Egypt expand financial muscle as total position hits EGP 15.165trn in October 2023: CBE
Credit facilities increase to EGP 5.179trn, with the private sector accounting for…
Egyptian banks thrive despite challenges, plan for future with ambitious strategies
Egyptian banks have overcome various challenges from the local and global economies…
Banks to review interest rates on savings, loans after CBE’s 2% rate hike
The Assets and Liabilities Committees (ALCO), which are in charge of setting…
Five banks finance over 210,000 projects with EGP 27.8bn under ‘Mashrou’ak’ initiative
Banks are NBE, Banque Msir, Banque du Caire, HDB, and ABE
Banks provide EGP 63.729bn for low-income mortgage finance initiative in 2023
NBE leads with 26.1% of total financing
CBE reports EGP 14.742trn total financial position of banks in 3Q 2023
Capitals register EGP 323.776bn, reserves EGP 492.386bn, and allocations EGP 305.455bn
Banks in Egypt post EGP 212.58bn net profits 9M 2023: CBE
The Central Bank of Egypt (CBE) announced that banks operating in the…
Major global central banks keep interest rates unchanged, CBE decision next Thursday in focus
Market indicates that CBE’s meeting will come with no surprises as inflation…
Six banks collaborate on EGP 2bn financing for Abd El Salam El Feky & Partners
Led by the Export Development Bank of Egypt (EBank), a consortium of…
EGP 3.671trn increase in total financial position of banks in 2022/23: CBE
Total financial position of banks operating in Egypt rises to EGP 13.798trn…