CIB reports 3Q20 consolidated revenue of EGP 6.65bn, net income of EGP 2.35bn
Bank’s loan loss provision balance records EGP 15.4bn, covering 11.5% of total…
HSBC voted best cash management bank in Egypt, Middle East
The local recognition was complemented by other HSBC successes, with the bank…
saib Bank launches new online services for individual customers
Atallah stressed that the increasing trend towards digital transformation and the acceleration…
Increased inflation in November makes Egypt’s interest fate open to speculation
Central Bank of Egypt to reduce interest rates by 50-100 basis points:…
Central Bank of Egypt extends tourism, retail loan initiatives to 2021 end
Tourism businesses welcome CBE decision, call for more flexibility in private sector…
83% of Egypt businesses expect pre-COVID-19 profitability by 2022: HSBC Navigator
About 83% of respondents from Egypt expect to return to profitability levels…
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…
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…
Agricultural Bank of Egypt explores development opportunities in Minya
Bank agrees to finance agricultural, livestock production projects, and to apply modern…