Tag: Egyptian banks

Egyptian banks launch Apple Pay tokenization

Several major Egyptian banks have activated card tokenization services through Apple Pay,…

Daily News Egypt Daily News Egypt

65.5% increase in Egyptian remittances during August: CBE

Remittances from Egyptians working abroad surged by 65.5% in August 2024, reaching…

Hossam Mounir Hossam Mounir

Consortium of Egyptian banks provides EGP 18bn loan to Telecom Egypt

A consortium of 13 Egyptian banks has provided Telecom Egypt, the country's…

Daily News Egypt Daily News Egypt

Egyptian banking sector reports surplus in net foreign assets of EGP 626.6bn in June 2024

The Central Bank of Egypt (CBE) has announced that the net foreign…

Hossam Mounir Hossam Mounir

EALB, Egyptian Banks Company sign protocol to issue Meeza card

Bank aims to expand in retail banking, attract new customer segments, says…

Hossam Mounir Hossam Mounir

CDC given approval to lend up to $200m Tier 2 capital to Egyptian banks

Increasing focus on Egypt will see CDC appoint country representative

Daily News Egypt Daily News Egypt

18 Egyptian banks on UAB Top 100 African Banks ranking

Egyptian banks’ assets on the list account for 21% of total assets…

Hossam Mounir Hossam Mounir

Lack of investment opportunities straining Egyptian banks

The liquidity of the pound has increased by EGP 64bn since the…

Hossam Mounir Hossam Mounir

Egyptian banks emerge as net winners post-25 January Revolution

Financial Times—Egyptian banks emerged as net winners after the 25 January Revolution…

Daily News Egypt Daily News Egypt

Egypt’s banking sector needs new policies to thrive: Booz Allen Hamilton

Egypt has been in a gradual state of banking consolidation in which…

Nicholas Mehling Nicholas Mehling