Latest Banking News
IDWBE aims to close deferred loss file this year
We aim to achieve profits of EGP 1.5bn by end-2018, says Fahmy
NBE, Visa launch second phase of NBE Pay
The National Bank of Egypt (NBE), in cooperation with Visa, plans to…
CIB contributes to UNEP FI Banking Principles among 26 global banking institutions
Commercial International Bank-Egypt (CIB) participated in the first workshop organised by the…
MIDB, SMEDA sign cooperation protocol to funds MSMEs
Protocol extends over 1 year, financing between EGP 500,000, EGP 10m
EIB expects further technical grants for Kafr El-Sheikh Wastewater Expansion project
Project’s total cost estimated at €163.5m, European Investment Bank providing about 47%
United Bank lays out seven-point strategy
Intelligent banking services, intensification of financial inclusion campaigns, expansion of Shariah-compliant banking…
AlexBank signs EGP 50m protocol with Sawiris Foundation
The Bank of Alexandria (AlexBank) signed a protocol with Sawiris Foundation for…
Telecom Egypt signs $200m financing deal with Afreximbank, managed by ADIB
Participating in deal of this size emphasises bank’s growth strategy, says Aly
FX stabilises again after reaching 10-month high
Fluctuation is healthy under supply, demand, says Abdel Aal