Latest Banking News
BLOM Egypt targets growth rate of 15% in all indicators by end of 2017
EGP 400m injected in bank’s capital to reach EGP 1.7bn financed by…
HDB awaits CBE approval to separate real estate activity from banking business
We aim at becoming a commercial bank practicing banking business only and…
CBE keeps interest rates unchanged
In its meeting held on 30 March, the Monetary Policy Committee (MPC)…
United Bank obtains EGP 120m from SFD to finance SMEs
We signed six contracts with the fund so far, totalling EGP 395m,…
Arab Bank increase number of branches in Egypt to 41
The bank aims to enhance its local spread and be the best…
QNB ALAHLI and Visa partner to launch mVisa in Egypt
Seamless and secure QR-based mobile solution to enable faster and more convenient…
United Bank launches self-inquiry through its website and ATMs
The bank is keen on offering a package of new smart technology…
Egypt’s banks achieved net profits of EGP 53.066bn until December: CBE
Egypt's five largest banks acquire 42.66% of total profits achieved by banks…
Private sector acquires 66.3% of total bank loans to clients by December: CBE
Non-performing loans rate declines to 5.8% of total loans in banks, with…
NBE, Banque Misr extend working hours to collect taxes electronically
59 branches of NBE work until 5.00pm, 75 branches of Banque Misr…