Tag: banks

Egypt disburses first 50% of overdue export subsidies through four banks: Finance Minister

Minister of Finance Ahmed Kouchouk announced the successful disbursement of the first…

Daily News Egypt

Banks’ financial position in Egypt surges to EGP 24.023trn in June 2025: CBE

The Central Bank of Egypt (CBE) announced that the aggregate financial position…

Hossam Mounir

CBE, banks to launch card tokenization on Android mobile apps

The Central Bank of Egypt (CBE) announced that it is working with…

Daily News Egypt

CBE unveils key financial soundness indicators for banks in Egypt during Q1 2025

The Central Bank of Egypt (CBE) has published the latest financial soundness…

Hossam Mounir

Banks in Egypt report EGP 152.8bn in net profits for Q1 2025: CBE

Banks operating in the Egyptian market recorded net profits of approximately EGP…

Hossam Mounir

Egypt secures $15.6bn in concessional financing for private sector since 2020: El-Mashat

Minister of Planning, Economic Development, and International Cooperation Rania El-Mashat announced during…

Daily News Egypt

Financial position of banks in Egypt rises to EGP 22.039trn in February 2025

The Central Bank of Egypt (CBE) has reported that the consolidated financial…

Hossam Mounir

Banks inject EGP 82.1bn into low-income mortgage initiative until April 2025

The Social Housing and Mortgage Finance Fund (SHMFF) has announced that banks…

Hossam Mounir

Customer deposits at banks climb to EGP 13.599trn in December 2024

The Central Bank of Egypt (CBE) reported that customer deposits at banks…

Hossam Mounir