Tag: banks

Banks wait for signal to include tourism in industry support initiative

Prime Minister allocates EGP 10bn to tourism sector, bringing value of initiative…

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Private banks in Egypt issue high-yield savings certificates

CIB offers 3-year certificate with a return of 22%, QNB Alahli raises…

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Banks discuss amending interest rates on their savings, loan products

Interest rates of variable-return certificates, some loan products rise automatically

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22 banks offer EGP 54.3bn in mortgage finance for low-income housing in February 2023

NBE provides EGP 15.464bn in mortgage finance to 133,864 customers, accounting for…

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Financial position of banks in Egypt breaks EGP 12trn barrier in November 2022: CBE

Bank deposits reach EGP 8.373trn with 28.99% growth, credit facilities increase to…

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Most banks adjust their services to suit people with disabilities: CBE

Egypt's banking sector develops its infrastructure to provide financial services to people…

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Net profits of banks operating in Egypt reach EGP 93.4bn in September 2022

Net revenue of banks operating in Egypt amounts to EGP 225.807bn

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Banks pump EGP 51bn to 454,000 customers as part of real estate financing initiative for low-income people

Banque Misr came in second place with total financing of EGP 12bn…

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Banks expand financial services to people with disabilities upon CBE directives

This aims to facilitate citizens’ access to banking services, products

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Total financial position of banks increased to EGP 10.511trn in August 2022

EGP 1.198trn increase in customer deposits within 8 months, household sector accounts…

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