Latest Banking News
Egypt repays $1.36bn worth of international bonds in December
Outstanding bonds worth $18bn and €2bn due within 30 years
CBE to apply new obligatory entrepreneurship certification for bankers
Bank currently preparing another certification for business development services
Highest level of FX reserves in history reached by end of October
CBE: $86m increase in value of gold, foreign currencies balance down by…
UAB discusses partnership between private, public sectors to achieve sustainable development during annual conference
700 banking experts, leaders, officials, central banks' governors, economists, planning ministers to…
Household sector accounts for 78.8% of total bank deposits by end of August 2018: CBE
Deposits growth rate at 18.79%, local currency deposits at 22%, foreign currencies…
ABE to offer global tender in 6 months to develop its technological structure: Chairperson
We addressed 26,000 defaults in EGP 1.5bn debts, settled 2,700 worth EGP…
Two years since currency floatation
Foreign exchange reserves up by $25bn, hard cash flow increased, inflation declined,…
Banque Misr’s CSR contribution amounted to EGP 700m in last FY: Chairperson
Bank aims to double amount in coming years by focusing on education,…
NBE provides EGP 2bn for 18 companies working in cotton ginning, trade
Benefiting companies include eight private sector companies
Banque du Caire opens 2 news branches, bringing its network up to 221
BDC plans to expand to 25 offices in 2019, add 20-25 extensions…
