Latest Banking News
Strong FX reserves, structural reforms support Egypt against external shocks: CBE
Aboul Naga’s comments came during the opening session of the Payment, FinTech,…
HSBC expects Egypt to build on growth momentum during 2021
Egyptian economy expected to grow by 2.5% in 2021, following 2.4% growth…
Top 10 Egyptian market banks report EGP 14.661bn in net profits in September
QNB Alahli accounts for 38% of total profits achieved by top 10…
HDB, MasterCard sign partnership contract to expand electronic payment system
This step is an activation of HDB's strategic objectives, which aim to…
ABE signs agreement to finance 1.5 million-feddan reclamation project
Farouk emphasized ABE's keenness to cooperate with the Ministry of Agriculture and…
CIB – Egypt celebrates five years of sustainability reporting
Event highlights importance of Bank’s commitment to creating shared value while contributing…
Suez Canal Bank achieves 24% growth in net profit before appropriation
Bank records 11% growth in loan portfolio in September 2020
Initial audit report had no substantial effect on CIB financial position: Chairperson
Sami stressed that CIB pays great attention to CBE notices regarding compliance…
Banks in Egypt discuss fate of interest rates following CBE’s cut
Yield of some savings certificates, loan products automatically decreases by 0.5%, while…