Latest Banking News
CBE to offer $950m dollar-denominated T-Bill tender to cover previous maturity
The Central Bank of Egypt (CBE) will offer a one-year Treasury bill…
CBE governor meets IMF deputy managing director on sidelines of Spring Meetings
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), met with…
CBE governor participates in second G20 FMCBG meeting
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), participated in…
CIB launches enhanced internet banking platform to accelerate digital transformation
Commercial International Bank – Egypt (CIB) has launched an upgraded version of…
United Bank expands digital services, financing solutions for companies
United Bank has unveiled a new package of digital banking services under…
Customer deposits at banks climb to EGP 13.599trn in December 2024
The Central Bank of Egypt (CBE) reported that customer deposits at banks…
Egypt’s foreign trade reaches $32.24bn in Q1 of FY25: CBE
The Central Bank of Egypt (CBE) has announced that Egypt’s total foreign…
Market awaits reopening of banks to gauge impact of CBE’s 2.25% rate cut on savings, loans
Markets are closely watching the reopening of banks on Tuesday—following the Easter…
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)…