Latest Banking News
Geopolitical events cast shadow over expectations of pound’s interest, reserve, inflation
I expect a rate cut from 2% to 3%, exchange rate to…
IDB profits reach EGP 512m in 2019
We continue to support and develop Egyptian industries to achieve sustainable development:…
Egypt’s external debt up 17.3% YoY to $108.7bn in FY19
External debt-to-GDP ratio 36% in Egypt, 48.5% in Latin America, 47.5% in…
SAIB launches new brand identity
Identity and branding reflect the bank's core values of unity, trustworthiness, strength,…
WB delegation, Trade, Industry min. discuss economic reforms’ priorities
Another WB mission to visit Egypt next week
CIB continues digital transformation strategy with CR2’s mobile banking app
The mobile banking service is powered by CR2’s digital banking platform, BankWorld,…
FEB demarcates 25% of slums development budget for education: Ezz Al-Arab
FEB allocates EGP 100m for establishment of Egypt’s first sustainable school "Hawiytona”
CBE supports tourism with three initiatives
Tourism is a major and important pillar for the national economy: CBE
CBE receives 38 bids to invest $966.9m in T-Bill auction
Growing value of gold reserves pushes FX reserves to its highest level…