Banque du Caire to launch new 22.5%, 25% yield CDs
Egypt’s third largest public state-lender, Banque du Caire (BdC) is launching new one-year certificates of deposits…
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Banque Misr raises EGP 39 billion from high-yield CDs in 5 days – chairman
Egypt’s second-largest state lender Banque Misr has collected 39 billion Egyptian pounds ($) from its high-yielding…
Egypt’s pound surpasses EGP 27 level against dollar at closing
Egypt’s pound currency fell to surpass the EGP 27 level against the U.S. dollar during the closing trade at banks…
Banque Misr: pre-tax profit hits EGP 27.7 billion in 9 months
Egypt’s second largest public bank, Banque Misr said on Monday its profit before income tax recorded 27.781 billion…
The godfather of CIB Egypt bank, Hisham Ezz Al-Arab, returns as chairman – Al…
Egyptian veteran banker Hisham Ezz Al-Arab returns for a second stint as chairman of the Commercial International…
Egypt state banks to sign MSME climate financing deals with AFD, EU at COP27
Egypt's three biggest state-owned banks will sign on Thursday at the UN climate summit COP27 a joint agreement with…
Abu Dhabi Commercial Bank Egypt says Q3 pretax net profit hikes 65%
Abu Dhabi Commercial Bank – Egypt (ADCB-Egypt), part of Abu Dhabi Commercial Bank, reported on Monday a 65 percent…
Egypt targets primary surplus of 2.3% in FY2026/27 – minister
Egypt is targeting a primary surplus of 2.3 percent in its budget for the financial year 2026/2027, Finance…
Egypt, IMF finalise agreement on component of new programme – minister
Egypt and the International Monetary Fund (IMF) have finalised an agreement on the components of the new programme…
Egypt’s Banque Misr plans to launch its first digital bank early 2023 – chairman
Banque Misr, Egypt’s second biggest state lender, plans to launch its first digital bank in the homeland by early…
