Latest Banking News
saib Bank reports $33.6m EBIT in H1 2021
Bank maintains strong growth despite COVID-19 pandemic challenges
Housing and Development Bank achieves 10.8% PBT growth to EGP 1.45bn in H1 2021
Bank continues to achieve positive growth due to continuous support of development,…
Abu Dhabi Commercial Bank – Egypt reports net profit rise of 83% in H1 2021
Bank continues expansion plans, emphasises brand, and finalises measures to raise capital:…
Tanmeyah, Banque Misr partner to issue Meeza cards for microenterprises
Agreement contributes to state's efforts to transform into cashless society
National Investment Bank refutes liquidation reports, puts restructure plan into operation
It is part of Egypt’s structural reform programme
Central Bank of Egypt sets unified definitions for active, dormant bank accounts
Banks to be allowed to close accounts in case of year-long inactivity…
Central Bank of Egypt explains reasons for fixing interest rates for 6th consecutive time
Initial indicators show continued improvement in most economic sectors: Monetary Policy Committee
Egypt’s interest rates expected to remain unchanged for 6th consecutive Central Bank meeting
Inflation trends in coming months will see increase but within CBE’s new…
Egypt’s bank deposits in local currency increase by EGP 376.1bn during H1 2021
Deposits in foreign currency reach equivalent of about EGP 650.870bn in June…