CBE to provide ABE additional EGP 1bn to finance livestock project
Approval from CBE raises lending portfolio for this project to EGP 3bn,…
Egypt’s Edita Food Industries borrows EGP 90m from NBK to finance local expansion
Loan will also go towards financing necessary maintenance to ensure efficiency, quality…
Agricultural Bank of Egypt expands ‘Bab Rizq’ microfinance programme to 150 branches
Programme aims to increase income, improve livelihoods in rural areas, achieve financial…
ADIB Egypt reports EGP 1.196bn in net profit during 2020
Consolidated financial results for 2020 show positive indicators, despite negative repercussions of…
Bank Audi Egypt to launch new internet, mobile banking applications soon
Bank is keen on improving customer banking experience, by providing more ease…
Suez Canal Bank to increase contribution in car replacement initiative, puts SMEs finance plan
Bank’s SMEs portfolio reaches EGP 2bn, retail banking records EGP 1.2bn in…
Banks in Egypt see EGP 2.448trn credit facilities in November 2020: CBE
Total bank deposits rose to EGP 5.126trn in November 2020, compared to…
Comprehensive restructure plan in place for Egyptian Agricultural, Rural Development Company: ABE Chairperson
New Board of Directors will be formed alongside establishing two main headquarters…
EGP 1.166trn increase in financial position of banks in Egypt during 2020: CBE
Banks report EGP 325.761bn reserves, EGP 162.274bn provisions to nonperforming loans
CIB graduates candidates from Kenya, Uganda in Credit Analyst Training programme
Training programme is in line with Bank’s strategy to expand into Africa