ADCB – Egypt, SAS launch real-time AI system to combat fraud
New system is an important step towards achieving the bank’s strategy of…
Suez Canal Bank reports net profits of EGP 377m in September 2021
Bank’s total financial position increased to EGP 57bn in September from EGP…
saib registers $14.167m net profits in September 2021
The bank’s interest income recorded $299.5m in September 2021, compared to $302.3m…
CBE’s decision to increase women representation on bank boards is highly praised
Decision comes within permanent efforts of CBE to empower women economically, show…
CBE amends instructions on bank governance, board formation
Maximum two terms for non-executive board members, with limit of six consecutive…
CIB reports net income growth of 62% to EGP 3.81bn in 3Q 2021
Exceptional performance is driven by both balance sheet fundamentals and resilient solvency,…
CBE to issue $1.6bn worth T-bills on Monday
Proceeds of bid directed to pay previous tender worth $1.585bn
HDB reports EGP 2.038bn profits before taxes in September 2021, with 6.5% growth
Bank’s recent results reflect strong operational performance, developing clear strategy to be…
Keeping policy rates unchanged remains consistent with 7% (±2%) inflation target: CBE
Yields on Egyptian Eurobonds have been broadly stabilized in August 2021 after…
CBE approves instant payment network regulations, to be launched in current quarter
Regulations aim to allow payments sent between accounts at different banks to…