Latest Banking News
Egypt’s net foreign reserves rose by $565m to $44.916bn end-July
According to the CBE, Egypt’s current net foreign reserves covers more than…
Mashreq Bank – Egypt launches mortgage finance initiative to support low-income groups
Bank continue to participate in CBE initiatives, says El Bahey
CONIA interest rate benchmark comes into force
New standard reinforces CBE's ability to improve monetary policy
Banks operating in Egypt celebrate International Youth Day
New accounts opened free of charge, special offers made on 1-15 August
CBE reveals Egypt’s economy external position
Foreign debt reached 35.1% of GDP at end December 2018, compared to…
Egypt’s external debt reaches 35.1% of GDP at end-2018, but still within safe limits: CBE
Saudi Arabia is Egypt's top lender with total debt of $8.7bn
Nasser Social Bank achieves unprecedented profits of over EGP 1bn end-June
Bank profits grow 47% year-over-year, says Farouk
Egypt Hosts Annual Workshop in field of money laundering, terrorism funding
Hosting this workshop confirms state’s keenness on supporting efforts to face challenges…
New role, form for ABE in coming period: ElKosayer
Bank embarked on comprehensive restructuring, development process based on extensive support received…
NBE holds 29% of deposits, 21.2% of retail loans in Egyptian banking sector
Bank achieved 17% growth in deposits to EGP 1.186bn end-June 2019, retail…