Latest Banking News
Attijariwafa bank Egypt posts record net profit of EGP 913.1m in 1H 2023
Attijariwafa bank Egypt has announced a record net profit of EGP 913.1m…
CBE reports 12.7% rise in domestic liquidity in seven months
Non-governmental deposits in local currency reach EGP 5.791trn
CBE assets soar by 50% in one year to EGP 4.480trn
Bank’s contributions to capital of international financial organisations increased to EGP 19.378bn,
CBE forms work committees to study launching digital currency
The Central Bank of Egypt (CBE) has announced that it has formed…
Banque du Caire’s profits record EGP 2.6bn in H1 2023
Bank continues to implement expansion strategy at steady pace, says Tarek Fayed
CIB, GlobalCorp seal EGP 2.54bn securitized bond deal
Commercial International Bank (CIB), Al Ahly Pharos, and GlobalCorp have completed a…
Parliament abolishes old laws on 3 banks, subjects them to new banking law
The House of Representatives has passed Law No. 170 of 2023, which…
CBE refutes reports of United Bank transaction
The Central Bank of Egypt (CBE) affirmed that the information circulating regarding…
saib Bank reports 78% growth in profits to EGP 1.07bn in 1H 2023
saib Bank, led by Tarek El-Khouly, Chairperson and Managing Director of the…
Misr Digital Innovation applies to obtain digital bank licence
Company expects to launch new service within few months