Latest Banking News
ABE Chairperson explores finance schemes for agricultural projects in Toshka
Farouk said that the ABE’s field visits to inspect agricultural projects across…
CIB awaits CBE audit report following chairperson’s resignation
Two audit firms to look into CBE report on CIB violations, should…
Agricultural Bank of Egypt targets 30-million customer base over 5 years
Financing programme for needy families, rural women, and craftsmen to be launched…
Hisham Ezz Al Arab releases resignation from CIB post
On his Facebook page, Ezz Al-Arab wrote, “In my 21 years of…
Ezz Al-Arab’s resignation from CIB: what goes on behind the scenes?
The CIB Board of Directors has unanimously decided to appoint Sherif Sami…
CBE provides full support to CIB to preserve its financial position, deposits
A CBE statement read, “The CBE approved the decision of the CIB’s…
CIB appoints Sherif Samy as non-executive chairperson plegdes corrective actions
Samy says CIB top priority is to continue enhancing franchise and its…
Financial position of banks in Egypt up EGP 96.9bn in July 2020: CBE
Volume of doubtful debts allocations amounts to EGP 150.877bn, reserves amount to…
Bank customers granted limited period free account opening facilities to mark International Savings Day
Since Thursday, banks have granted customers the ability to open savings accounts…
90% of Egypt’s foreign debts are long-term: CBE
At 33.5% of GDP, debt levels are within safe limits compared to…