MIDBANK reports remarkable growth in 2023 after overhaul, digital shift
Total budget, net loans, customer deposits, and property rights soar by 89%,…
CBE reports key financial soundness indicators for banks in Q3 2023
Non-performing loans in banks remain at 3.3% of their total loan portfolio…
CBE keeps interest rates unchanged, monitors inflation, economic developments
We will not hesitate to use all available tools to achieve inflation…
Central Bank of Egypt to discuss interest rate for last time in 2023 on Thursday
Egypt likely to hold steady on interest rates amid economic reforms, analysts…
CBE reports EGP 14.742trn total financial position of banks in 3Q 2023
Capitals register EGP 323.776bn, reserves EGP 492.386bn, and allocations EGP 305.455bn
Banque du Caire, GAFI sign MoU to boost investment in Egypt
Bank to highlight executive, legislative breakthroughs to encourage foreign direct investment: Fayed
ABE to finance goldsmithing workshops in partnership with Ministry of Supply
Bank will fund workshops that meet specified conditions with initial amount of…
Banks in Egypt post EGP 212.58bn net profits 9M 2023: CBE
The Central Bank of Egypt (CBE) announced that banks operating in the…
ADCB names Ahmed Mansour as Head of Digital Transformation, Banking Services Development
Abu Dhabi Commercial Bank Egypt (ADCB) has announced the appointment of Ahmed…
Major global central banks keep interest rates unchanged, CBE decision next Thursday in focus
Market indicates that CBE’s meeting will come with no surprises as inflation…