Tag: banks

Total financial position of banks increased to EGP 10.511trn in August 2022

EGP 1.198trn increase in customer deposits within 8 months, household sector accounts…

Hossam Mounir Hossam Mounir

Banks ready to work with financial derivatives

Future contracts give investors confidence and reassurance in transactions

Daily News Egypt Daily News Egypt

Banks pump EGP 345bn in industrial sector within initiative to support private sector: CBE

Trade sector much easier to deal with as opposed to industrial sector,…

Hossam Mounir Hossam Mounir

Banks operating in Egypt spend EGP 882.9m in CSR during 1H 2022: CBE advisor

Banking sector is major supporter of all state-initiated social, development initiatives

Hossam Mounir Hossam Mounir

Banks operating in Egypt tend to replace LIBOR with SOFR as reference rate for dollar certificates, deposits

Banks in Egypt will modify rates on dollar certificates in line with…

Hossam Mounir Hossam Mounir

Banks operating in Egypt report EGP 56.8bn in profits during 1H 2022: CBE

Total financial position of banks in Egypt increased to about EGP 10.037trn

Hossam Mounir Hossam Mounir

CBE reveals most prominent indicators of banks’ deposits and investments in 1Q 2022

Customer deposits rise to EGP 6.980 trillion by end of March, of…

Hossam Mounir Hossam Mounir

Egypt’s PM discusses readiness to participate in COP 27 with several heads of banks, major companies

Madbouly began the meeting by noting the importance of convening the conference…

Daily News Egypt Daily News Egypt