NBG sells its headquarters, continues to liquidate assets as it bids farewell to Egypt
NBG reaches final agreement with Arab Investment Bank to acquire its existing…
CBE assesses impact of previous interest rate hikes, reserve requirement ratio rise on inflation
MPC decided last week to maintain basic interest rates at CBE unchanged
Financial position of banks jumps to EGP 12.409trn in January 2023: CBE
Bank deposits increase to EGP 9.021trn, of which 77.8% belong to household…
Fitch downgrades 4 Egyptian banks to B, with negative outlook
The four Egyptian banks' rating downgrade follow a recent similar downgrade of…
HDB achieves remarkable growth in mobile, internet banking services: CEO Hassan Ghanem
Bank completes its plan to develop its digital services, products in line…
CIB reports consolidated net income of EGP 6.06bn in 1Q 2023
The Commercial International Bank (CIB) Monday announced that its first-quarter 2023 consolidated…
Al-Hini elected as HDB’s non-executive chairperson, Ghanem re-elected as CEO
The Housing and Development Bank (HDB) has announced that Basil Al-Haini was…
ABE receives first batch of locally produced wheat
Bank receives 277,000 tonnes of wheat with total value of EGP 2.8bn
Does the dropping inflation give CBE opportunity to raise interest rates?
MPC will hold its third periodic meeting in 2023 this week to…
Egypt’s external debt increases $7.9bn to $162.9bn in 2Q 2022/23: CBE
The Central Bank of Egypt has revealed that the North African nation’s…