Latest Banking News
Bank Audi Money Market Fund achieves 10.58% annual return YTD
The minimum subscription in the fund is estimated at about 100 securities…
Bank profits reach EGP 50.049bn in June: CBE
Total financial position of banks working in Egyptian market rises to EGP…
CBE extends fees waiver on ATM cash withdrawals, bank transfers to year-end
CBE to bear EGP 50m of pension withdrawal expenses until 2020-end
NBE signs EGP 793.9m long-term financing contract for Nile Wood Company
The agreement was made as part of the Central Bank of Egypt’s…
Faisal Islamic Bank records EGP 112.751bn in business volume during August
Bank’s total accounts grew 13.6% to about EGP 93.083bn last month
Banks explore repayment options of deferred loan instalments during COVID-19
Complete inventory is being undertaken of clients benefiting from CBE loan deferral…
Crédit Agricole Egypt wins 2 Global Finance awards for digital banking services
The bank took home the top awards in the Best Mobile Banking…
CBE directs banks to take appropriate measures on deferred loan instalments
Each bank must conduct careful review of existing credit facilities, and their…
NSB records profit increase to EGP 1.427bn despite pandemic
Bank has spent EGP 960m on social solidarity projects, says NSB Vice…