Latest Banking News
20 banks finance 254,200 beneficiaries by EGP 24.6bn in CBE’s mortgage finance initiative
8 companies inject EGP 1.5bn, Taamir Mortgage tops with EGP 551.6m with…
14.8% growth in Faisal Islamic Bank of Egypt’s assets during 2019
Bank manages 1.701m accounts for its clients worth EGP 82.896bn
Arab banking sector is stable, able to withstand shocks despite challenges and risks: AMF
Arab banking sector assets reached $3.4trn by end-2018 equivalent to 124% of…
SMEs account for 61% of the total ABE loan portfolio: ElKosayer
Bank pumped EGP 19bn to about 900,000 SMEs
Egypt’s Long-term external debt at 87%: Amer
13% of short-term debts are deposits from Arab countries that are renewed…
CBE issues new regulations for microfinance in banks
Excluding credit portfolios purchased from micro finance companies or associations in 20%…
ABE signs cooperation protocol with World Food Programme
It’s part of bank's efforts to support, finance development projects, especially in…
Egypt’s new banking draft law: opportunities and challenges
New law reinforces the independence of the CBE and banks’ boards of…
Subscription in ATAA charitable fund to start on 5 November: NSB
Subscription ends on 4 January 2020, and can be suspended after 10…
Al Baraka Bank, ADIB, and EG Bank most negatively affected by New Banking Act: Prime Holding
Banking act may spur a wave of consolidation amongst smaller or undercapitalised…
