Latest Banking News
Afreximbank equips Banque du Caire with $200m intra-African finance
Facility is designed to finance Banque du Caire’s expansion across Africa
Egyptian remittances increase 8.5% to $23.4bn within 9 months: CBE
11% annual increase in remittances during March 2021 only
Egyptian Banking Institute announces cooperation with Mercer Mettl
The Egyptian Banking Institute (EBI), the training arm of the Central Bank…
Central Bank of Egypt receives 24 bids worth $540.6m for T-bills in US dollars
Proceeds of this tender will be used to pay for previous tender…
Banque Misr named fastest growing, CIB most efficient & bank of year: Business News
NBE tops technology index and top spender on social responsibility
Housing and Development Bank reports 13.7% profit growth in Q1 2021
Good results come due to clear development strategy through which HDB seeks…
Financial position of banks in Egypt increases to EGP 7.55trn in March 2021: CBE
Net foreign assets at banking system rise by EGP 155.3bn in 9…
Egypt’s gold reserves climb $281m in May: CBE
Net international reserves increase to $40.468bn in May
Bank Audi Egypt CEO steps down, Bank ABC chief to leave within days
Sources indicated that Bedir is currently choosing between several offers from other…
Faisal Islamic Bank increases large, medium company financing to EGP 10.5bn in March
Bank’s financing for micro enterprises records about EGP 17.046m