Standard Chartered receives in-principle approval to open branch in Egypt
Move comes in light of resilience, strength of Egyptian economy
Total financial position of banks in Egypt stands at EGP 8.758trn in October 2021
Total bank deposits increase to EGP 6.191trn, credit facilities reach EGP 2.996trn
ADCB Egypt increases its capital to EGP 5bn
Capital increase shows bank’s ambition for growth in Egypt: El Sewerky
Tamer Seif El-Din appointed as CEO and Managing Director of aiBANK
The appointment came after the completion of the acquisition of 76% of…
Average annual headline urban inflation recorded 5.2% during 2021: CBE
During the first four months of 2021, annual inflation recorded muted rates…
CBE reveals developments in commodity prices in 2021
Egypt’s annual urban inflation records 5.2% in 2021, compared to 5% in…
Maha karara joins AAIB as Head of Corporate Communications, Sustainability
She has more than 20 years of experience in communication, marketing, sustainability
Egyptian banking sector handles pandemic’s repercussions efficiently: CBE
Banks adopt special measures that result in growth of their credit, investment…
Foreigners account for 22.6% of Egypt’s T-bills issuances in 1H 2021: CBE
In a financial stability report issued at the end of last week,…
CBE launches integrated information security centre to predict cyberattacks
Bank keen to strengthen cybersecurity system, ensure their compliance with global standards:…