Latest Banking News
CBE to issue EGP 212.5bn worth T-Bills, Bonds in 3Q20
16 T-Bills bids worth EGP 175bn, 10 T-Bonds bids worth EGP 37.5bn…
Total financial position of banks in Egypt increases to EGP 5.856trn at 2019 end: CBE
Bank deposits increase to EGP 4.2359trn, household sector denominated 81.3%
NBE provides EGP 1bn credit facilities to Fiber Misr
The signing ceremony was attended by Chairperson of NBE Hesham Okasha, Chairperson…
Suez Canal Bank’s profit reach EGP 542.2m by end of 2019
Deposits up by EGP 5.5bn, loans increase by EGP 1.9bn in one…
Banks in Egyptian market show strong performance by 2019 end
CIB – Egypt ranks first with profits of EGP 11.8bn, QNB Alahli…
Banque du Caire’s net profit nears EGP 4bn in 2019
Deposits up to EGP 151bn, loans EGP 79.2bn; SMEs portfolio grows by…
Expected change in banks map Egyptian market
Expected exits, acquisitions, mergers, against Lebanese crisis, implementation of new banking law
Deutsche Bank expects US dollar to reach EGP 15.5 by June, EGP 15 by December
Bank expects inflation to continue declining to single digits this year
Egyptian pound appreciates to its highest since flotation
Banque Misr received $2bn in January, $15.6bn in 2019: El-Etreby
Local, international investors offer to invest $1.054bn in Egyptian T-Bills
The CBE rejected other offers from investors who requested an interest of…