Tag: CBE

BOP overall deficit records $351.2m in July/March of FY 2018/19

The CBE revealed that the current account deficit registered $7.6bn and the…

Daily News Egypt Daily News Egypt

CBE launches risk insurance company for exports to Africa before year-end

El-Shaarawy told Daily News Egypt that the bank is currently completing the…

Daily News Egypt Daily News Egypt

CBE confirms strength of banks’ financial positions by end of 1st quarter of this year

The CBE noted that banks secured provisions of 98% of total NPLs…

Hossam Mounir Hossam Mounir

Banks operating in Egypt post net profit of EGP 39.29bn end-March

Top 5 banks denominate 74.48% of profits, top 10 account for EGP…

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Banks’ credit facilities see EGP 226.6bn rise end of March, deposits up to EGP 3.930tn: CBE

Private enterprise sector denominates 60.8% of total facilities, with industry in lead,…

Hossam Mounir Hossam Mounir

Seamless NA 2019: MerQ among top 5 emerging companies specialised in FinTech

MerQ's participation comes within the framework of supporting the state’s strategy and…

Daily News Egypt Daily News Egypt

Bank Audi has yet to apply for CBE approval to acquire NBG-Egypt: Helal

In May, Bank Audi signed the final acquisition contract of the NBG-Egypt,…

Hossam Mounir Hossam Mounir

Amer: 30-40% of Banque du Caire shares to be floated by October 2019

CBE receives 3 bids for United Bank, awaiting new offers

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CBE regulates banks transactions with technical payment aggregator, facilitators

Boards of directors shall ensure banks' plans match reliance on these companies,…

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CBE selects its historic building in downtown Cairo as the headquarters of FinTech Hub

Bank is launching its FinTech Hub, begins pilot phase in June

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