Latest Banking News
Amer true engineer of economic reform: Kamal
CBE governor made history with bold decisions: chairperson of the Egyptian Arab…
Vodafone, AlexBank aim to increase Vodafone Cash customers to 5 million by mid 2019
Vodafone negotiates with CBE to include companies in the service and raise…
CBE, MasterCard discuss pushing digital payments in Egypt
MasterCard cooperated with the Egyptian government in issuing 4.6m payroll cards for…
How small franchise projects can get funding from the Industrial Development & Workers Bank of Egypt
The Industrial Development & Workers Bank of Egypt offers funding for franchise…
Volume of allocations in banks amounts to EGP 109.383bn
The volume of provisions made by banks to deal with bad and…
Issued currency up EGP 17bn
Total currency issued by the Central Bank of Egypt (CBE) amounted to…
Banks’ investments in T-bills reached EGP 549.96bn
Banks’ investments in treasury bills (T-bills) reached EGP 549.96bn by the end…
Deposits portfolio reached EGP 3.124tn
The size of the banks’ deposits portfolio reached EGP 3.124tn at the…
80% rise in net foreign assets
The net foreign assets of the Egyptian banking sector as a whole,…
ABE, MSMEs Development Agency to sign agreement worth EGP 50m to finance women’s project within two weeks
Bank may offer funding scheme to contribute to establishing the first model…