Banks expand financial services to people with disabilities upon CBE directives
This aims to facilitate citizens’ access to banking services, products
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…
Banks ready to work with financial derivatives
Future contracts give investors confidence and reassurance in transactions
Banks pump EGP 345bn in industrial sector within initiative to support private sector: CBE
Trade sector much easier to deal with as opposed to industrial sector,…
Banks operating in Egypt spend EGP 882.9m in CSR during 1H 2022: CBE advisor
Banking sector is major supporter of all state-initiated social, development initiatives
Banks pump EGP 48.3bn in mortgage finance for low-income segment in September 2022
NBE is in the lead, with EGP 13.7bn in funding
Banks in Egypt set withdrawal limits on using ATM cards abroad to ease pressure on FX reserves
Steps comes after spotting manipulation practices
Banks operating in Egypt tend to replace LIBOR with SOFR as reference rate for dollar certificates, deposits
Banks in Egypt will modify rates on dollar certificates in line with…
Banks operating in Egypt report EGP 56.8bn in profits during 1H 2022: CBE
Total financial position of banks in Egypt increased to about EGP 10.037trn
CBE reveals most prominent indicators of banks’ deposits and investments in 1Q 2022
Customer deposits rise to EGP 6.980 trillion by end of March, of…