Financial position of banks operating in Egypt surges to EGP 17.8trn in Q1 2024: CBE
The Central Bank of Egypt (CBE) recently disclosed a substantial increase in…
Banks navigate strict real estate financing rules in Egypt amid high interest rates
The eighth edition of the Think Commercial roundtable delved into the diversity…
Banks report strong Q1 2024 profits in Egypt despite economic challenges
Banks' net profits reach EGP 156.223bn in Q1 2024: CBE
Banks raise credit card limits, reduce currency management commission by 50%
CIB, NBE at forefront of decision
CBE introduces new controls for updating customer data in banks
Banks must obtain CBE approval for electronic client data updates and have…
EGP 283.3bn net profits for banks in Egyptian market in 2023: CBE
Total financial position of banks records EGP 15.165trn
Foreign currency inflows rise in banks, exchange offices following EGP liberalisation
Average dollar value decreases by EGP 1.7 from its peak after flotation,…
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…