Egypt’s state-run Banque du Caire 2020 net profit hits EGP 3.2 billion
Banque du Caire, Egypt’s third largest public state-lender, reported on Wednesday solid growth rates and positive…
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Egypt’s agriculture bank will get additional EGP 1bn from CBE for livestock project
The Central Bank of Egypt (CBE) has approved an additional 1 billion Egyptian pounds ($63.7 million) to finance the…
Egypt’s c.bank urges banks to facilitate measures for opening new bank accounts
The Central Bank of Egypt (CBE) issued new set of regulations for banks to facilitate measures required for opening…
Abu Dhabi Islamic Bank Egypt profits at EGP 1.196 billion at 2020-end
Abu Dhabi Islamic Bank Egypt (ADIB Egypt) reported on Wednesday positive consolidated financial results for the…
Egypt’s bank deposits rise to EGP 5.126 trillion in November
Egyptian bank deposits rose in November to 5.126 trillion Egyptian pounds ($325.7 million) from 5.088 trillion…
Egypt’s C.Bank reveals requirements for EGP100bln new mortgage initiative
The Central Bank of Egypt’s (CBE) has launched new 100 billion Egyptian pounds mortgage finance initiative a few…
Faisal Islamic Bank’s business volume rises 11% by February end
Faisal Islamic Bank of Egypt saw its business volume growing by 11.3 percent to record 119.38 billion Egyptian…
Remittances from Egyptians abroad surge 10.5% y-o-y in 2020: c.bank
Remittances from Egyptians working abroad surged 10.5 percent year-on-year to around $29.6 billion in 2020, the…
Customer loans increase to EGP 2.38trn at end of October 2020
Loans provided by banks in Egypt, excluding the Central Bank of Egypt (CBE), increased by 1.09 percent recording…
Egypt’s AlexBank says 2020 pre-tax profits hit EGP 3.2 billion
Egypt’s AlexBank announced on Tuesday that it made profits before tax worth up to 3.178 billion Egyptian pounds…
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