Latest Banking News
NBE, QNB syndicated loan of EGP 1.8bn to Concrete Plus Engineering, Construction
20% of the total cost of implementing a housing compound project in…
CBE offers $900m in T-bills on Monday
Proceeds to cover a previous bid floated on 12 February 2019 worth…
Household sector’s trend towards deposits of three-year term or more ongoing since 2018
Weighted return on new deposits declines in September 2019 to 11.5%, 16%…
CIB launches new personal loan product for low-income payroll customers
The new personal loan is dedicated to customers with a monthly salary…
BLOM BANK has no intention in exiting Egyptian Market: statement
It is noteworthy that recently, there was some news circulating about a…
Attijariwafa Bank launches initiative to limit single-use plastic bag consumption
The bank aims to expand its participation in environment conservation and to…
CIB aims to raise EGP 15bn to finance expansion
CIB’s consolidated net income grows by 23% to EGP 11.8bn in 2019,…
Technology main player in financial inclusion: Hisham Tawfik
NBE, Misr Life Insurance jointly launch ‘Tomorrow Pension’ bank insurance product
CIB deploys digital solutions to revolutionise banking sector
Bank aims to teach younger generation how to manage their money, grow…
CIB named constituent of 2020 Bloomberg Gender Equality Index
The bank is the only Egyptian institution to be included among the…