65.5% increase in Egyptian remittances during August: CBE
Remittances from Egyptians working abroad surged by 65.5% in August 2024, reaching…
Consortium of Egyptian banks provides EGP 18bn loan to Telecom Egypt
A consortium of 13 Egyptian banks has provided Telecom Egypt, the country's…
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…
EALB, Egyptian Banks Company sign protocol to issue Meeza card
Bank aims to expand in retail banking, attract new customer segments, says…
CDC given approval to lend up to $200m Tier 2 capital to Egyptian banks
Increasing focus on Egypt will see CDC appoint country representative
18 Egyptian banks on UAB Top 100 African Banks ranking
Egyptian banks’ assets on the list account for 21% of total assets…
Lack of investment opportunities straining Egyptian banks
The liquidity of the pound has increased by EGP 64bn since the…
Egyptian banks emerge as net winners post-25 January Revolution
Financial Times—Egyptian banks emerged as net winners after the 25 January Revolution…
Egypt’s banking sector needs new policies to thrive: Booz Allen Hamilton
Egypt has been in a gradual state of banking consolidation in which…
