Latest Banking News
CIB Celebrates One Year Since Signing the UNEP-FI’s Principles for Responsible Banking
The Bank is celebrating a year of achievements on the sustainability front…
CBE expected to keep interest rates on hold Thursday
NBE, Banque Misr decision to halt 15% certificates and reduction of NIB…
NBE, Banque Misr halt 15% saving certificates after achieving EGP 383bn in sales
National Investment Bank reduces return on A, B saving certificates
Non-performing loans in Egypt’s banks drop to 3.9% end-June
Banks allocate EGP 150.079bn to address doubtful debts, alongside reserves of EGP…
Bank Audi Money Market Fund achieves 10.58% annual return YTD
The minimum subscription in the fund is estimated at about 100 securities…
Bank profits reach EGP 50.049bn in June: CBE
Total financial position of banks working in Egyptian market rises to EGP…
CBE extends fees waiver on ATM cash withdrawals, bank transfers to year-end
CBE to bear EGP 50m of pension withdrawal expenses until 2020-end
NBE signs EGP 793.9m long-term financing contract for Nile Wood Company
The agreement was made as part of the Central Bank of Egypt’s…