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…
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,…