Egypt’s external debt declines to $154.98bn in 1Q 2022/23
Long-term debt records $127.572bn, short-term debt stands at $27.408bn
CIB net income records EGP 16.1bn in 2022
CIB anchored its regional presence, kicking off 2023 with acquisition of remaining…
Suez Canal Bank aims to provide best electronic services in Egypt: Chairperson
We attach great importance to financing corporate and major projects, says Hussein…
Banks inject EGP 53.2bn in mortgage financing initiative for low-income individuals
NBE acquired 27.3% of total financing, worth EGP 15.179bn, granted to 132,140…
$1.65bn in transfers done through the company during 2022: IBAG
IBAG currently cooperating with Banque Misr to launch an application and link…
CBE to offer $1bn worth treasury bills on Monday
Proceeds of T-bills are directed to pay off previous offers issued on…
EGP 1.580tn increase in domestic liquidity at Egyptian banking sector during 2022
Total non-governmental deposits in local currency increased to EGP 5.411trn, foreign deposits…
CBE maintains interest rates unchanged as it aims to evaluate impact of previous 8% increase on inflation
Fate of basic interest rates depends on expected inflation: MPC
CBE to decide fate of Egyptian pound interest on Thursday
Monetary Policy Committee held 8 meetings in 2022, during which interest rates…