Latest Banking News
Balance of payments records $11bn surplus between July, March in FY 2017/18: CBE
Egypt’s overall balance of payments (BOP), which measures Egypt’s dealings with other…
CBE launches initiative to settle debts of 3,500 companies, 337,000 individuals
Initiative to benefit NBE, Banque Misr, Banque du Caire, Export Development Bank,…
CBE to launch innovation support fund worth EGP 1bn in H1 2019: CBE deputy governor
Banks injected EGP 85bn to fund SMEs within CBE’s initiative thus far,…
HC Securities expects deceleration of annual inflation, MPC to keep interest rates unchanged
Recent decision to hike fuel costs was by market, despite not announcing…
Deposits up EGP 52bn, loans EGP 27bn end-February: CBE
Banks’ investments in stocks, bonds down EGP 37bn
Banque du Caire signs cooperation protocol with Minya to promote, market assets
Joint working mechanism being discussed between Banque du Caire, Minya to provide…
UAB to highlight green banking in Hurghada forum
Forum will be held between 26, 28 July in cooperation with CBE,…
CIB first Middle East institution to be included as case study in London Business School curriculum
The London Business School announced the inclusion of Commercial International Bank -…
Egyptian banks’ aggregate financial position breaks $5tn end-March 2018: CBE
EGP 24.376bn total profits in market, top five banks account for 64.875%
IDWBE SMEs portfolio registers EGP 2.6bn
We managed to finance 70,000 clients, link gas to 92,000 residential units…