Tag: banks

Banks operating in Egypt expand financial muscle as total position hits EGP 15.165trn in October 2023: CBE

Credit facilities increase to EGP 5.179trn, with the private sector accounting for…

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Egyptian banks thrive despite challenges, plan for future with ambitious strategies

Egyptian banks have overcome various challenges from the local and global economies…

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Banks to review interest rates on savings, loans after CBE’s 2% rate hike

The Assets and Liabilities Committees (ALCO), which are in charge of setting…

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Five banks finance over 210,000 projects with EGP 27.8bn under ‘Mashrou’ak’ initiative

Banks are NBE, Banque Msir, Banque du Caire, HDB, and ABE

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CBE reports EGP 14.742trn total financial position of banks in 3Q 2023

Capitals register EGP 323.776bn, reserves EGP 492.386bn, and allocations EGP 305.455bn

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Banks in Egypt post EGP 212.58bn net profits 9M 2023: CBE

The Central Bank of Egypt (CBE) announced that banks operating in the…

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Major global central banks keep interest rates unchanged, CBE decision next Thursday in focus

Market indicates that CBE’s meeting will come with no surprises as inflation…

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Six banks collaborate on EGP 2bn financing for Abd El Salam El Feky & Partners

Led by the Export Development Bank of Egypt (EBank), a consortium of…

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EGP 3.671trn increase in total financial position of banks in 2022/23: CBE

Total financial position of banks operating in Egypt rises to EGP 13.798trn…

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