Latest Banking News
CIB net income down 9% to EGP 2.4bn in 1Q 2020
ROAE records 19.6%, ROA 2.5%, net profit decreases 9% y-o-y
CBE offers $800m in 1-year treasury bills on Monday
Proceeds cover a previous tender, worth $1bn, offered in May 2019
Transition to online learning part of EBI vision before Covid-19 crisis: Abdel Aziz Nossier
EBI to launch ‘Future Leaders’ online training programme for African Central Bank…
Central banks lose over $175bn of FX reserves due to COVID-19
Egypt’s banking sector has survived decline in foreign investments, reflecting economic stability
Bank Audi – Egypt announces positive COVID-19 case at administrative building
Bank Audi - Audi has informed the Ministry of Health of the…
NBE issues new investment certificates, raises return on another
The NBE has also decided to increase the return on another 3-year…
Arab central banks council highlights digital transformation on Financial Inclusion Day
Implications of coronavirus highlight importance of accelerating transition to digital financial services,…
CBE highlights financial soundness indicators of local banking sector
Bank profits reach EGP 83.184bn last December: CBE
CIB acquires 51% of Kenya’s Bank Mayfair in $35.35m deal
The deal reflects our commitment to increasing trade between African countries, says…