Egypt’s net international reserves increase to $40.93bn in 2021 despite COVID-19 repercussions
Net international reserves up by $872m in 2021 from $40.062bn in 2020
CBE approves launch of e-portal for smartphone wallet management
There are over 25 million e-wallets now in Egypt, with 27% growth…
CBE receives 33 bids worth $1.037bn for T-bills issuance denominated in US currency
The Central Bank of Egypt (CBE) received 33 bids from local and…
9 banks participate in securitization bonds issuance worth EGP 2.4bn for CorpLease: Misr Capital
The issuance comes in four tranches, the first with a value of…
Agricultural Bank of Egypt offers EGP 14.2bn loans for Upper Egypt development projects
Bank’s loan portfolio to finance agriculture production in Upper Egypt reaches EGP…
MSMEDA pumps EGP 6.2bn to finance 178k projects in 11M 2021: Trade Minister
Gamea indicated that the agency is now working, in cooperation with various…
CBE’s assets increase to EGP 2.412trn in November 2021
According to the CBE’s financial position report for November, the bank’s balances…
Attijariwafa Bank Egypt takes part in 4 securitisation bond offerings worth EGP 700m in 4Q 2021
The bank participated as a coverage guarantor with a value of EGP…
MSMEDA pumps EGP 1.13bn in Aswan over 7 years
Gamea emphasized that the agency’s branches in all governorates provided technical support,…
Net foreign assets of banking system increase EGP 23.923bn in September 2021: CBE
Household sector accounts for 83% of total bank deposits, while private business…