Tag: Banking

Opinion| Egypt’s banking revolution: CBE approves launch of first digital bank

Historic achievement that signifies major step forward in country's digital transformation within…

Mohamed Abdel Aal Mohamed Abdel Aal

Sherif Farouk: Egypt’s new Minister of Supply with 30 years of banking expertise

Sherif Mohamed Farouk has been sworn in as the Minister of Supply,…

Daily News Egypt Daily News Egypt

Domestic liquidity in banking sector increases to EGP 10.1trn in April 2024: CBE

Non-governmental deposits in local currency increase to EGP 6.505trn in April

Hossam Mounir Hossam Mounir

Banking sector plays crucial role in supporting green economy: NBE chairperson

Bank’s contributions to social responsibility exceeded EGP 5.5bn: CBE

Hossam Mounir Hossam Mounir

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…

Daily News Egypt Daily News Egypt

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…

Daily News Egypt Daily News Egypt

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