Latest Banking News
NBE reports over 14 million withdrawals worth EGP 35.5bn through ATMs in 14 days
Withdrawals reach its peak on 25 June at EGP 4.22bn
Nagla Bahr highlights important role of credit guarantee industry
Nagla Bahr stressed on the importance of the proper positioning of the…
Banque du Caire graduates first cohort of “Fast Track” programme
Banque du Caire has graduated the first cohort of its "Fast Track"…
We will not hesitate to use all available monetary policy tools to achieve targeted inflation rates: CBE
Path of basic interest rates depends on expected inflation rates, not prevailing…
CBE reveals financial soundness indicators for banks in Egypt in 1Q 2023
Loan-to-deposit ratio increases to 48.9%, private sector accounts for 55.3% of total…
CBE strongly expected to keep basic interest rates unchanged on Thursday
Basic interest rates currently stand at 18.25% for deposit, 19.25% for lending
Total financial position of banks in Egypt increases to EGP 12.970trn in 1Q 2023: CBE
The Central Bank of Egypt (CBE) has revealed that the total financial…
HDB targets 25% growth in profits, various activities by 2023-end: CEO
96% of bank's profits come from usual operations: Hassan Ghanem
Bank ABC Egypt sees 158% profit growth in 1Q 2023, after merging with BLOM Bank
Second largest financial group in Bahrain expands in Egyptian market with ambitious…
146% growth in net profit of Attijariwafa bank Egypt reaching EGP 434.5m in 1Q 2023
Customer deposits increase to EGP 54.9bn, loan portfolio grows to EGP 33bn