3 state-run banks lead savings certificates market with record-yield vessels
Banks increased yield on savings certificates after Central Bank raised its basic…
Financial inclusion reaches 64.8% in 2022: CBE
42.3 million citizens own, use transactional accounts, of whom 18.3 million are…
FABMISR reports EGP 4.5bn net profit in 2022
Bank achieves record increase of 129% in profit compared to 2021
Private banks in Egypt issue high-yield savings certificates
CIB offers 3-year certificate with a return of 22%, QNB Alahli raises…
NBE, Banque Misr offers three-year certificates with fixed 19%, decreasing 22% yields
The two banks said, in a statement on Sunday, that the issuance…
Al-Mashat, Rahmi discuss MSMEDA’s financing needs
This aims to enhance the agency's role in the development of MSMEs…
Banks discuss amending interest rates on their savings, loan products
Interest rates of variable-return certificates, some loan products rise automatically
Banks offer EGP 4bn to 172k small, micro enterprises in Decent Life initiative: CBE
52k bank accounts, 13k mobile wallets were opened in villages
Domestic liquidity in banking sector increases to EGP 7.8trn in February 2023: CBE
Total non-governmental deposits in local currency amounted to EGP 5.549trn
CBE to decide fate of EGP interest rate amid strong expectations of new rise
I expect 2-3% interest rate hike, but I hope it won’t change:…