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…
EMs see rising capital inflows since May 2020: CBE
Monetary, financial stimulus policies and structural reforms alleviate pandemic’s consequences on neediest…
AMF gather regional central banks to discuss COVID-19 impact on sector
Meeting was held in cooperation with International Monetary Fund
HSBC’ economists forecast 2.4% GDP growth in Egypt in 2020: Regional CEO Tricaud
GCC economies to shrink on average by 5.6% y-o-y in 2020, before…
CBE establishes EgyCash for technological cash solutions
CBE contributes up to 35% of new company’s capital, while NBE, Banque…
CBE eases bank account opening procedures for individuals, small enterprises
New rules allow banks to expand customer base, help them implement financial…
HDB honours high-performing high school students for 6th consecutive year
The honoured students included those in the preparatory stage, as well as…