Latest Banking News
Acting CBE Governor appoints Hisham Ezz Al-Arab and Mohamed Naguib as advisors
Central Bank of Egypt Acting Governor Hassan Abdalla has appointed Hisham Ezz…
Egyptian remittances increase 1.6% to $31.9bn in FY2022: CBE
Remittances reached $31.4bn, $27.8bn in FY2021, FY2020, respectively
HDB expands its integrated banking activities, records strong growth in 1H 2022
Bank achieved standalone profit of EGP 1.2bn in June 2022, increase of…
CIB launches Instant Payment Network to support digital transformation plans
Total payments made through InstaPay app reach nearly EGP 2.6bn
Hassan Abdalla named Acting Governor of Central Bank of Egypt
Al-Sisi meets Abdalla, stresses need to develop monetary policy in line with…
CBE reveals bank performance indicators in April 2022
Total financial position of banks increases to EGP 9.626trn, with total capital…
Al Ahli Bank of Kuwait – Egypt achieves net profit of EGP 887m in 1H 2022
Bank’s total assets grow by 8% to EGP 61.4bn in June 2022…
Agricultural Bank of Egypt finances sugar beet farmers in Fayoum
Bank expands in financing contract farming to raise standard of living of…
Egypt’s current account deficit remains almost unchanged at $13.6bn in July/March FY 2021/22: CBE
Egypt's balance of payments records $7.3bn overall deficit in 9M of FY…
EGP 516.9bn increase in non-governmental bank deposits in local currency within 6 months: CBE
Non-governmental bank deposits in local currency reach EGP 4.986trn in June 2022