Latest Banking News
CBE extends emergency decisions to deal with COVID-19 repercussions to June 2022
CBE decides to extend initiative to support tourism sector for additional year…
CBE reveals most prominent indicators of financial viability in Egypt’s banking sector during 3Q 2021
Banking system records EGP 80.103bn net profits, with top 10 banks accounting…
NBE, Misr Life Insurance launch new investment fund
The amount of insurance in the “Al-Ahly Life” fund is equivalent to…
CBE explains fixing interest rates for 9th time in row
Keeping policy rates unchanged remains consistent with inflation target of 7% (±2%)…
saib opens fourth financial education centre within digital transformation strategy
Amr Nosseir, Head of the bank’s Retail Banking Group and Distribution Channels,…
Suez Canal Bank contracts with AFS to supply, operate automated risk management system
The contract was signed by Hussein Rifai, Chairperson and Managing Director of…
Agricultural Bank of Egypt launches initiative to settle EGP 4bn worth debt
This comes within the framework of the Central Bank of Egypt’s directives…
CBE to decide fate of local interest rates heading into 2021-end
Monetary Policy Committee expected to keep base rates unchanged for ninth time…
HSBC Egypt launches EGP 3bn ‘Foras Trade Fund’ for SMEs
Todd Wilcox, Deputy Chairperson and CEO of HSBC Egypt, said: “SMEs are…