Latest Banking News
HDB records 150.4% jump in net profits to over EGP 3bn during 1H 2023
Bank continues to reap benefits of solid position in banking sector: Hassan…
How does raising interest rates affect stocks of banking sector?
Investors aware of inflation-interest gap: Geneina
Ahli United Bank – Egypt achieves EGP 2.18bn in net profit during 1H 2023
Bank's achievement of strong business results was driven by sustainable growth of…
Central Bank of Egypt to decide interest rate Thursday, ‘no change’ expected
Basic interest rates were increased by 2% on 30 March and total…
CIB participates in ESCWA multi-stakeholder platform for protecting biodiversity
Commercial International Bank of Egypt (CIB), Egypt's largest private sector bank, participated…
Fintech serves as keystone element in banking, financial development in Egypt: CBE
Egypt has over 177 fintech startups, payment platforms, 5.5 times increase in…
NBE, Banque Misr offer new 7% and 9% dollar savings certificates
The National Bank of Egypt (NBE) and Banque Misr announced Tuesday the…
CIB reports consolidated net income of EGP 7.99bn in 2Q 2023
Commercial International Bank (CIB) Monday reported second-quarter 2023 consolidated net income of…
CBE replaces 10.8 million payroll cards for public workers, pensioners with ‘Meeza’ cards in 2022
The Central Bank of Egypt (CBE) has revealed the completion of the…
CBE takes first steps towards launching digital banks in Egypt
CBE announces new digital bank capital requirements, regulations