Latest Banking News
Businesses plan major operational changes as resilience prioritised: HSBC Navigator
The new Navigator report, “Building Back Better”, from HSBC Commercial Banking, shows…
EALB to increase social housing finance to EGP 2bn
Bank’s mortgage finance portfolio has doubled to 8,000 clients
BLOM Bank to conduct due diligence on selling Egypt unit
Several banks have shown interest in buying BLOM Bank – Egypt, but…
Banque du Caire arranges EGP 670m syndicated loan to Marakez
Loan to finance 50% of total estimated investment cost of Mall of…
CBE expected to hold interest rates during next MPC meeting
Market anticipates CBE announcement, on Monday, regarding inflation in July 2020
Egypt’s net international reserves grow $113m in July to $38.315bn: CBE
Egypt’s international reserves consist of foreign currencies, gold, special drawing rights (SDR),…
Banks in Egypt contribute EGP 700m to support daily labourers: El-Etreby
In exclusive statement to Daily News Egypt, El-Etreby said that the donations…
Egypt’s local bank deposits increase to EGP 3.268trn in June: CBE
The CBE added that demand deposits recorded about EGP 482bn, of which…
Egypt to offer 26 T-bills, bonds tenders worth EGP 185.25bn in August
Auctions part of government plan to borrow EGP 600bn from local market…
NSB Board of Directors discuss restructure, development plans
El-Kabbaj said the meeting dealt with a range of topics, including the…