Latest Banking News
Banks implement CBE’s initiative delaying loan instalments for individuals, companies
CBE included microfinance sector in the initiative on Monday
El-Etreby tapped as FEB Chairperson for three-year term
Okasha as deputy chairperson, Abaza as treasurer
Initiative to postpone loan installments for 6 months applies to regular, irregular individuals, institutions: CBE
Initiative includes clients of financial leasing, real estate, factories , SMEs, personal…
saib aims to achieve 200% growth in net profit year-end: chairperson
Bank has 1.31% market share of total loans, 1.47% deposit market share:…
Banque Misr, NBE to offer electronically saving certificates with 15% yield
To ensure safety of customers, employees, new certificates to be available only…
CBE increases daily ATM withdrawal limits to EGP 30k, EGP 40k for individuals, companies respectively
The CBE added that issuing the prepaid cards to citizens will be…
Remittances in Egypt reach $26.8bn in 2019: CBE
The CBE added that remittances in the second half (2H) of 2019…
Banks stand up against Coronavirus to protect employees, clients
CIB suspends all internal activities including gatherings in large numbers, limits training…
CBE cuts interest rate by 3% in emergency MPC meeting
CBE has taken strong measures in anticipation of possible impacts of global…
EBI limits its training services to e-learning due to COVID-19
Total number of trainees through e-learning reached 20,000 until February 2020: EBI…