Latest Banking News
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…
MSMEDA, Banque Misr sign EGP 500m worth microfinance contract
The contract was signed by Minister of Trade and Industry and MSMEDA…
CBE simplifies bank account opening for individuals, micro enterprises
The move took place in cooperation with the Egyptian Money Laundering and…
Local currency deposits with Egypt banks up EGP 80.104bn in August: CBE
In a recent report, the CBE stated that demand deposits in local…
Egypt’s market interest rates slightly decline despite CBE’s 0.5% cut
Returns on debt instruments also see minor decreases
SANAD, Banque du Caire strengthen partnership to support MSMEs in Egypt
NEW loan of $15m bolsters funding base for important economic pillars
6 banks provide EGP 15.4bn to ‘Mashro’ak’ programme by end of August 2020
Upper Egypt largest beneficiary of development projects implemented, seeing 79,000 projects put…
CIB renews environmental commitment with Amal El Araby Award for Paper and Energy Champs
Award reflects bank’s sustainability initiative designed to raise awareness and employee engagement…