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…
Banks in Egypt finance MSMEs with over EGP 400bn during 2021
Egypt has more than 3 million MSMEs
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…
4 banks acquire 90% of Islamic banking in Egyptian market
Faisal Islamic Bank of Egypt ranked first with EGP 119bn turnover in…
Financial position of banks in Egypt increases to EGP 7.3trn in February: CBE
Foreign investments in Egypt’s T-bills amount to EGP 313.68bn in March 2021
Financial position of banks in Egypt rises to EGP 7.158trn in January 2021: CBE
Net foreign assets increase by EGP 152.5bn over 7 months
Banks in Egypt increase capital to comply with new banking law
Law stipulates minimum capital of EGP 5bn for banks operating in Egyptian…