Egypt’s PM discusses readiness to participate in COP 27 with several heads of banks, major companies
Madbouly began the meeting by noting the importance of convening the conference…
EGP 786bn increase in total financial position of banks in 1Q 2022
Non-performing loans decreased to 3.3% of total portfolio by end of March…
Local institutions, banks launch ‘Avans Manara’ fund for direct investment, targeting EGP 2bn volume
Fund’s issued capital amount to EGP 905m
CBE announces key performance indicators of banks operating in Egypt during 2021
Bank deposits increase to EGP 6.45trn, of which household sector accounts for…
Banks in Egypt show strong recovery indicators from COVID-19 repercussions in 2021
Net profits of banks increase to EGP 107.132bn in December, compared to…
Total financial position of banks in Egyptian market approaches EGP 9trn in November 2021: CBE
Bank deposits increase to EGP 6.306trn, credit facilities up to EGP 3.066trn,…
Total financial position of banks in Egypt stands at EGP 8.758trn in October 2021
Total bank deposits increase to EGP 6.191trn, credit facilities reach EGP 2.996trn
EGP 53.774bn increase in local currency deposits at banks in Egypt during May 2021: CBE
Volume of term deposits, proceeds of savings certificates in foreign currencies increased…
12 banks in Egypt report EGP 6.495bn net profits during Q1 2021
CIB accounts for 44.27% of 12-bank profits, whilst HDB ranks second with…