Tag: Banking

Local liquidity in Egyptian banking sector reaches EGP 10trn in March 2024

Total non-governmental deposits in local currency at banks hit EGP 6.452trn

Hossam Mounir Hossam Mounir

$17.7bn drop in banking sector’s net foreign assets deficit during March 2024: CBE

The net foreign assets deficit in Egypt’s banking sector decreased to $4.2bn…

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Liquidity in Egyptian banking sector rises to EGP 9.12trn in February 2024: CBE

Non-governmental bank deposits in local currency increase to EGP 6.447trn

Hossam Mounir Hossam Mounir

CBE unveils key banking soundness metrics for 2023

Banks’ net profits hit EGP 283.388bn, with top 10 banks comprising 74.92%…

Hossam Mounir Hossam Mounir

Banking sector engages in second phase of presidential initiative ‘Decent Life’

CBE is committed to improving access to financial services, products, raising living…

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Domestic liquidity in Egyptian banking sector nears EGP 9bn in January 2024: CBE

Deposits in local currency rise by EGP 120bn to EGP 6.367trn

Hossam Mounir Hossam Mounir

Banking sector contributes EGP 2bn to CSR projects in 2023: CBE

The Central Bank of Egypt (CBE) announced that the banking sector allocated…

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Local liquidity in Egyptian banking sector grows by EGP 1.5trn in 2023

The Egyptian banking sector saw an increase of EGP 1.475trn in domestic…

Hossam Mounir Hossam Mounir

Local liquidity in Egyptian banking sector rises to EGP 8.787trn in November 2023: CBE

The Egyptian banking sector witnessed a surge in local liquidity, reaching EGP…

Hossam Mounir Hossam Mounir

CIB – Egypt becomes official banking partner of Food Export Council

CIB, FEC cooperate to support state’s plan to increase Egyptian exports to…

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