Latest Banking News
Banks direct EGP 3.9bn to priority service sectors in 2024: CBE
The Central Bank of Egypt (CBE) announced that the total contributions made…
CBE poised to cut interest rates as inflation cools
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…
Egyptian expat remittances surge to $20bn in first 7 months of FY2024/25: CBE
The Central Bank of Egypt (CBE) has announced that remittances from Egyptians…
Egypt repays $7.95bn in external debt over three months: CBE
The Central Bank of Egypt (CBE) announced that Egypt repaid $7.952bn in…
CBE to launch phase two of remittance digitization project with 12 participating banks
The Central Bank of Egypt (CBE) has announced preparations for the second…
United Bank launches comprehensive digital services for business owners, investors
United Bank has launched an integrated suite of digital banking services and…
ADIB joins ‘Chapter Zero Egypt’ to advance climate governance, sustainability goals
Abu Dhabi Islamic Bank–Egypt (ADIB Egypt) has officially joined the “Chapter Zero…
Banque Misr arranges EGP 285.5bn in syndicated loans across key sectors in Q1 2025
Banque Misr announced it arranged, led, and marketed six syndicated loan deals…
Interbank EGP transactions via RTGS near EGP 69trn in Q1 2025: CBE
The Central Bank of Egypt (CBE) announced that the total value of…
Egyptian banks offer fee-waived, no-minimum accounts through April for financial inclusion drive
In celebration of Arab Financial Inclusion Day, the Central Bank of Egypt…