NBE’s Tamkeen for microfinance begins activities in Upper Egypt
Company plans to acquire number of fintech, non-banking service companies during next…
Banks in Egypt increase capital to comply with new banking law
Law stipulates minimum capital of EGP 5bn for banks operating in Egyptian…
Egypt provides electronic channels for pension disbursement
Move supports state's direction to transform into cashless society, increase use of…
Banque du Caire reports EGP 3.2bn net profit in 2020
Bank overcame challenges of 2020, banking sector one of strongest sectors supporting…
NBE provides services to clients at New Administrative Capital through mobile unit
Bank is keen to increase financial inclusion among Egypt’s youth, one of…
HSBC, Reefy sign EGP 150m revolving facility for Egyptian women-led MSMEs
Agreement supports CBE aim to raise microbusinesses, SME sector contribution to formal…
CBE to provide ABE additional EGP 1bn to finance livestock project
Approval from CBE raises lending portfolio for this project to EGP 3bn,…
Egypt’s Edita Food Industries borrows EGP 90m from NBK to finance local expansion
Loan will also go towards financing necessary maintenance to ensure efficiency, quality…
Agricultural Bank of Egypt expands ‘Bab Rizq’ microfinance programme to 150 branches
Programme aims to increase income, improve livelihoods in rural areas, achieve financial…
ADIB Egypt reports EGP 1.196bn in net profit during 2020
Consolidated financial results for 2020 show positive indicators, despite negative repercussions of…
