Banks’ profits score EGP 45.843bn at end of June 2018
Top five banks account for 61.34% of profits, against 72.87% for 10…
CBE establishes financial inclusion information database
We aim to boost banking services’ beneficiaries, avoid duplication, says CBE
ABE, Bashaier sign protocol to introduce clients to agricultural marketing services
Protocol will allow both parties to implement marketing packages serving agricultural community,…
NBE, Danone Egypt sign cooperation protocol to support SMEs
Signing of this protocol comes within framework of activating bank's strategy for…
HDB, Damietta Furniture City Company sign agreement to finance workshops specialised in furniture industry
Bank funds 70-90% of project for one to 10 years, including grace…
Banque du Caire signs cooperation agreement with National Bank of Uzbekistan to support Egyptian exports
Bank welcomes cooperation to support expansion of Egyptian exports in foreign markets,…
Five banks grant syndicated loan of EGP 2.4bn to Oilex for establishment of industrial complex for extraction, refining, packaging of vegetable oils
Loan amounts to 61% of investment cost, financing extends over seven years,…
Banknote issue up to 11.41% of GDP in June: CBE
CBE issued EGP 486.726bn in June 2018, up from EGP 474.941bn in…
Foreign investments in Egyptian T-bills score EGP 269.11bn at end-July 2018
Private banks boost investments in T-bills by EGP 42.3bn in July to…
United Bank, Afreximbank cooperate to maximise volume of Egyptian exports to Africa
Afreximbank guarantees export earnings of Egypt, protects them from risk of non-payment,…