Latest Banking News
Suez Canal Bank increases issued capital to EGP 6.5bn
Suez Canal Bank has announced an increase in its issued capital from…
Banque Misr reports EGP 93.3bn pre-tax profits in 9M 2024
Banque Misr has posted pre-tax profits of EGP 93.345bn for the first…
Financial position of banks in Egypt surpasses EGP 21.187trn in September 2024: CBE
The Central Bank of Egypt (CBE) has announced that the total financial…
Banque Misr’s mortgage portfolio hits EGP 21bn for 145,000 clients in 2024
Banque Misr has announced a significant increase in its mortgage portfolio, which…
CBE extends fee exemption for digital transfers via IPN, InstaPay for 3 months
In line with Egypt's Vision 2030 to foster digital transformation, the Central…
Banque Misr secures 29 financing deals worth EGP 211.8bn in 2024
Banque Misr arranged, financed, and participated in 29 major financing deals valued…
Al Ahly Capital boosts stake in Easy Lease to 97.55% in strategic acquisition
Al Ahly Capital Holding, the investment arm of the National Bank of…
CBE to offer $800m T-bill auction to settle previous issuance
The Central Bank of Egypt (CBE) will hold a Treasury bill (T-Bill)…
CBE increases transaction limits for financial inclusion accounts
The Central Bank of Egypt (CBE) has announced an increase in the…
CBE mandates simplified forms for banking expenses, commissions in customer contracts
The Central Bank of Egypt (CBE) has issued a directive mandating banks…