Latest Banking News
Tamweely negotiates with 4 banks for supplementary financing of EGP 400m
Company injects EGP 700m of micro loans to 40,000 clients through 38…
Banking alliance arranges EGP 3.1bn worth joint loan for Samcrete Egypt
Coalition includes NBE, Banque Misr, Banque du Caire, SAIB, EDBE, Suez Canal…
Banque du Caire’s NIAT jumps 200% to EGP 2.5bn end-2018
Last year was turning point in bank’s performance, says bank’s chairperson
Volume of retail banking portfolio in NBE reaches EGP 63.3bn at end-February
Asian Banker awards NBE ‘Best Retail Bank’ in 2019
Banks supported their capital by EGP 9.69bn in 2018: CBE
Value of financial position of Egyptian banking sector’s units increases by EGP…
Banks’ net profits increase to EGP 70.2bn by end-2018
Ten biggest banks account for 63.9% of sector’s total profits, while 5…
Egyptian market expects another interest rate cut on Thursday
Several factors favour cut, others weigh on fixing, final decision is in…
NBE extends working hours at 64 branches for tax e-payment services
The National Bank of Egypt (NBE) decided to extend its working hours…
US dollar records lowest level against Egyptian pound since March 2017
Pound value against dollar gains over 23 piasters in March, 62 piasters…
Faisal Islamic Bank of Egypt purchases new office in Smart Village
Faisal Islamic Bank of Egypt has bought a new office with an…