Latest Banking News
Premium Card closes largest short-term securitisation transaction for EGP 172m
Issuance is part of a two-year EGP 2bn short-term securitisation programme
HDB join efforts to support those affected by COVID-19
Bank is providing EGP 20m in aid to support 1,500 families
saib coordinates EGP 750m syndicated loan for Dorra Group’s CRC
saib acted as bookrunner and agent of the deal, while the National…
NBE maintains syndicated loan leadership in Egypt 1Q 2020: Bloomberg
Bank concludes 6 financing deals of total EGP 15.4bn
Banks in local market move to support irregular employment
Banks make donations as follows, EGP 80m from NBE, EGP 40m from…
NBE starts selling Ma’ash Bokra insurance policies on Sunday
Policies issued in cooperation with Misr Life Insurance
Egypt’s annual core inflation on hold at 1.9% in March: CBE
The CBE added that its consumer price index (CPI) inched up to…
CBE abolishes black lists, allows irregular customers dealings with banks
Banks given 3 months to filter databases, 12,000 companies, 320,000 citizens benefit…
NBE reports net profits of EGP 20.2bn in FY 2018/19
The bank’s total finances increased to EGP 1.6trn in June 2019, compared…
Banks tighten COVID-19 precautions following cases detected in some branches
CBE stresses importance of using electronic payment channels to limit virus spread