Market eyes effects of 1% interest rate cut on savings, loans, and debt securities
The market is gearing up for the reopening of banks tomorrow, Sunday,…
Suez Canal Bank posts EGP 1.3bn in Q1 profits, doubling year-on-year
Suez Canal Bank reported net profits of EGP 1.3bn for the first…
Market awaits reopening of banks to gauge impact of CBE’s 2.25% rate cut on savings, loans
Markets are closely watching the reopening of banks on Tuesday—following the Easter…
Banque Misr arranges EGP 285.5bn in syndicated loans across key sectors in Q1 2025
Banque Misr announced it arranged, led, and marketed six syndicated loan deals…
Egyptian banks report record profits of EGP 534.8bn in 2024
Banks operating in the Egyptian market recorded net profits of EGP 534.8bn…
Saib reports EGP 1.74bn net profits in December 2024, achieving 81% growth
Saib bank concluded 2024 with an exceptional 81% surge in net profits,…
FABMISR’s net profit soars 153% to EGP 26.3bn in 2024
First Abu Dhabi Bank Misr (FABMISR), one of the largest banks operating…
Banque Misr reports EGP 93.3bn pre-tax profits in 9M 2024
Banque Misr has posted pre-tax profits of EGP 93.345bn for the first…
Egypt provides EGP 65.6bn in micro, small loans to “Decent Life” villages: Al-Mashat
Egypt has provided EGP 65.6bn in loans for micro, small, and medium-sized…
CIB completes second securitization transaction for One Finance, worth EGP 679m
Commercial International Bank – Egypt (CIB) has completed the second issuance of…