Latest Banking News
AAIB named best sustainable, investment bank in Egypt by International Banker
In a testament to its leadership in both the Egyptian and regional…
Local liquidity in Egyptian banking sector rises to EGP 12.684trn in April: CBE
The Central Bank of Egypt (CBE) reported a rise in local liquidity…
Suez Canal Bank, Mastercard send lucky cardholder to Venice Film Festival in exclusive ‘Spend & Win’ campaign
Suez Canal Bank, in partnership with Mastercard, has successfully concluded its "Spend…
Egypt’s economic reset: Signs of stabilization and a path forward
Simon Williams, HSBC’s Chief Economist for Central & Eastern Europe, the Middle…
FABMISR leads EGP 4.2bn loan for Redcon’s Golden Gate project in Egypt
First Abu Dhabi Bank Misr (FABMISR) is leading an EGP 4.2bn syndicated…
Islamic banking in Egypt surges to EGP 1.08trn in March 2025
The volume of Islamic banking in Egypt reached EGP 1.079trn in March…
Banks inject EGP 82.1bn into low-income mortgage initiative until April 2025
The Social Housing and Mortgage Finance Fund (SHMFF) has announced that banks…
Private sector lending rises 10.1% in Q1 2025 as inflation eases: CBE
The Central Bank of Egypt (CBE) has announced that local currency loans…
EBRD, Banque Misr provide $80m syndicated loan to Orange Egypt for 5G expansion
The European Bank for Reconstruction and Development (EBRD) and Banque Misr have…
NBE, Banque Misr cut EGP savings rates by 1%, halt USD certificates with local currency payouts
The National Bank of Egypt (NBE) and Banque Misr announced interest rate…