CBE raises banks’ reserve requirement
The Central Bank of Egypt (CBE) decided to raise the reserve requirement…
Banks in Egypt issue 2 million credit cards during H1 2017: CBE
The number of debit cards jumped to 17,562 million cards in June…
Banks’ profits in Egypt worth EGP 47.381bn by end of H2 2017: CBE
The five largest banks account for 69.52% of total profits, the top…
Banks’ capital increases by EGP 128.42bn at end of June 2017: CBE
The return on average assets of banks operating in the Egyptian market…
CBE announces new BoD of state-owned banks beginning of next week
Okasha for NBE, El-Etreby for BM, Fayed for Banque du Caire, Kamal…
New micro-finance initiative worth $2.8m launched in Egypt
Egypt’s micro-finance segment is gaining new momentum thanks to central bank and…
Limited changes in boards of government banks before end of September 2017
Two leaders expected to be sacked, 4 likely to stay, ambiguity surrounds…
Banks’ capital increases by EGP 13.74bn in April: CBE
The increase came as a result of using a part of the…
41.9% increase in cash balances at banks in 2015/2016
Insurance companies’ total financial position reached EGP 65.8bn
Banks and real estate stocks “top pick” in wake of interest rate increase: analysts
Investors are more likely to pump more cash in these stocks to…
