Financial position of banks in Egypt increases to EGP 6.676trn in August 2020: CBE
Volume of bank deposits records EGP 4.9trn, with credit facilities reaching EGP…
COVID-19 crisis accelerates implementation of digital development plan: Crédit Agricole
Bank’s management has future of Egyptian banking sector in mind in line…
Egypt’s sovereign fund prioritises creating investment opportunities with public, private sectors: CEO
Soliman added that the fund is looking to support the country’s economy…
Banque Misr arranges 10 financing operations worth EGP 86.3bn in 9M 2020
Banque Misr led a banking consortium to arrange and grant long-term co-financing…
Sanad Fund grants Banque du Caire $30m subordinated loan
The transaction will be used to strengthen bank’s capital base and enhance…
Egypt to offer EGP 246.5bn worth T-bills, bonds in December
Finance Ministry to put forward 20 offerings for T-bills worth EGP 198bn,…
Agricultural Bank of Egypt explores development opportunities in Minya
Bank agrees to finance agricultural, livestock production projects, and to apply modern…
Kuwaiti bank believes COVID-19 impacts on Egypt economy faded away
In a report, the bank said that despite the pandemic, preliminary figures…
Banque du Caire reports EGP 2.52bn net profit in September 2020
‘We will continue to implement expansion plans without interruption as bank successfully…
Egypt’s banking authorities move to protect sector from 2nd COVID-19 wave
Bank extends exemptions for attending banks’ board meetings until 2021 end