Latest Banking News
Banking sector engages in second phase of presidential initiative ‘Decent Life’
CBE is committed to improving access to financial services, products, raising living…
Islamic banking in Egyptian market hits EGP 606bn in 2023
This figure represents approximately 4% of total Egyptian banking sector
CBE’s measures are necessary to correct Egypt’s economic path: Finance Minister
Minister of Finance Mohamed Maait stated that the Central Bank’s recent measures,…
Egypt’s policy overhaul sparks hope for economic revival: HSBC’s economist
We leave our end-2024 EGP forecast at 45, see scope for rate…
Domestic liquidity in Egyptian banking sector nears EGP 9bn in January 2024: CBE
Deposits in local currency rise by EGP 120bn to EGP 6.367trn
CBE’s interest rate hike sparks reactions from banks
Limited movement in interest rates after first two days of liberalisation
ADCB – Egypt announces new board of directors for 2028 Vision
Abu Dhabi Commercial Bank – Egypt (ADCB - Egypt) has revealed its…
MIDBANK opens new branch in New Sphinx City as part of expansion plan
MIDBANK has opened its newest branch, Hyper One Sphinx, in New Sphinx…
CBE decisions strike blow to black market, say banking experts
Experts praise move as crucial, positive step to eliminate speculation
NBE, Banque Misr launch new savings certificates with up to 30% return
Yield of some certificates, loan products increases automatically after CBE decides to…