Latest Banking News
All investigated transactions are correct, allegations are unfounded: CIB
The Commercial International Bank (CIB) released a press statement on Saturday stating…
IDBE signs cooperation protocol with MFF to increase its share in CBE’s initiative to EGP 1bn
Bank funds 5,220 clients with EGP 529m within initiative, says Fahmy
Al Baraka Banking Group puts Egyptian market at top of its priorities: CEO
Bank celebrates opening of its new headquarters in 5th Settlement
SMEDA funds selling points vehicles project with EGP 160m
Project provides 2,000 opportunity for youth in cooperation with Ministry of Supply,…
41.2% increase in remittances from expatriate Egyptians in April 2018
Total remittances reach a record level of $26bn from July 2017 to…
NBE participated in arrangement of loans worth EGP 58.5bn in H1 2018
Bank is ranked first in Egyptian banking market in syndicated loans according…
Limited-income mortgage finance portfolio at NBE reaches EGP 3.6bn
We are studying 10,409 files worth EGP 1.1bn, with plans to boost…
United Bank intends to settle EGP 500m worth of bad debts within CBE initiative
We do a comprehensive inventory of our defaulting customers, study reasons for…
Banks invested EGP 650bn in T-bills until end of March 2018: CBE
Government banks invested EGP 333bn, private banks invested EGP 279.8n, foreign banks…
IDWBE injects EGP 675m to deliver gas to 375,000 residential units
Bank signs three contracts with Cairo Gas, Sinai Gas, PetroTrade