Local, international financial institutions offer to invest $1.755bn in CBE’s T-bills
The CBE floated the $1.56bn worth T-bill tender for a year, due…
Suez Canal Bank achieves 24% growth in net profit before appropriation
Bank records 11% growth in loan portfolio in September 2020
Initial audit report had no substantial effect on CIB financial position: Chairperson
Sami stressed that CIB pays great attention to CBE notices regarding compliance…
Banks in Egypt discuss fate of interest rates following CBE’s cut
Yield of some savings certificates, loan products automatically decreases by 0.5%, while…
CBE expects inflation to average under 6% in Q4 2020
Interest rate cut currently provides adequate support for economic activity, consistent with…
HDB records EGP 1.9bn in profit before tax during 9M 2020
Positive results recorded despite economic challenges, exceptional circumstances this year: Chairperson
Allianz Life Assurance sees 35% growth in FY 2019/20
Insurance company named world’s top Insurance Brand for 2nd consecutive time in…
CBE to discuss fate of interest rate on Thursday
MPC meeting is shrouded in ambiguity regarding expected decision, as some analysts…
Egypt’s urban inflation rises to 4.5% in October from 3.7% in September: CAPMAS
The agency added that the monthly CPI-U stood at 1.8% in October,…
Egypt’s non-oil imports decrease to $45.55bn in 9M 2020: CAPMAS
Non-oil exports see slight downturn to total $18.76bn in 2020, against $19.23bn…