Latest Banking News
State banks see limited changes to Boards of Directors
Renewal for Okasha, El-Etreby and their deputies at NBE and Banque Misr,…
Scrapping 15% saving certificates to positively affect banks, raise profits
Suspension of these certificates will increase competition among banks in attracting household…
CIB Celebrates One Year Since Signing the UNEP-FI’s Principles for Responsible Banking
The Bank is celebrating a year of achievements on the sustainability front…
CBE expected to keep interest rates on hold Thursday
NBE, Banque Misr decision to halt 15% certificates and reduction of NIB…
NBE, Banque Misr halt 15% saving certificates after achieving EGP 383bn in sales
National Investment Bank reduces return on A, B saving certificates
Non-performing loans in Egypt’s banks drop to 3.9% end-June
Banks allocate EGP 150.079bn to address doubtful debts, alongside reserves of EGP…
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…