Tag: Banking

CIB’s Extraordinary General Assembly approves authorised capital increase to EGP 50bn

Assembly grants board of directors right to establish branches, agencies, offices in…

Hossam Mounir Hossam Mounir

CBE selects its historic building in downtown Cairo as the headquarters of FinTech Hub

Bank is launching its FinTech Hub, begins pilot phase in June

Hossam Mounir Hossam Mounir

Total of 43 foreign, domestic investors offer to invest $970.6m in Egyptian T-Bills

CBE accepts 24 offers worth $715m with 3.85-3.88% interest

Hossam Mounir Hossam Mounir

US dollar value continues decline against EGP in banks on Monday

The US dollar lost two piasters in the Egyptian National Bank and…

Nehal Samir Nehal Samir

13 banks in Egypt score EGP 8.48bn in net profits in 1Q19

CIB ranks 1st with profits of EGP 2.64bn, QNB AlAhli follows, Faisal…

Hossam Mounir Hossam Mounir

UNB Egypt boasts 83% increase in profits in Q1 2019

Bank aims to increase growth rates in coming period due to its…

Daily News Egypt Daily News Egypt

CBE governor, communications minister discuss expanding banking services in villages

Amer witnesses signing cooperation protocol to train workers of banking sector in…

Hossam Mounir Hossam Mounir

Egyptian banking sector ranks 4th in terms of assets in Arab region: UAB

NBE ranked eighth among largest Arab banks with assets worth $75.6bn

Hossam Mounir Hossam Mounir

Egypt’s banking customer base “weak”, it’s not good timing for cryptocurrencies: CIB

Mohamed Farag, head of International Transactions and Digital Banking at the Commercial…

Daily News Egypt Daily News Egypt