Banks in Egypt see EGP 2.448trn credit facilities in November 2020: CBE
Total bank deposits rose to EGP 5.126trn in November 2020, compared to…
Comprehensive restructure plan in place for Egyptian Agricultural, Rural Development Company: ABE Chairperson
New Board of Directors will be formed alongside establishing two main headquarters…
EGP 1.166trn increase in financial position of banks in Egypt during 2020: CBE
Banks report EGP 325.761bn reserves, EGP 162.274bn provisions to nonperforming loans
CIB graduates candidates from Kenya, Uganda in Credit Analyst Training programme
Training programme is in line with Bank’s strategy to expand into Africa
CBE to announce details of new presidential mortgage finance initiative soon
Proposed mortgage finance initiative to boost real estate sales
Central Bank of Egypt expected to maintain base interest rates next Thursday
Main factor affecting direction of interest rates on Egyptian pound is inflation…
Financial position of banks in Egypt approaches EGP 7trn in October 2020: CBE
Banks’ total capital reaches EGP 174.592bn, reserves EGP 314.082bn, provisions to nonperforming…
CIB wins 2021 Best Trade Finance, Best Cash Management Service Providers in Egypt awards
Awards were part of annual survey conducted by Global Finance magazine, which…
AAIB lends Libra Capital EGP 200m to finance renewable energy purchase agreements
Agreements cover design, financing, installation, and operation of solar energy stations
Egypt launches foreign exchange trading with instant settlement system on 22 March
New system shortens time frame to execute payments in foreign currencies between…