Banks Intesa Sanpaolo in talks with Egypt gov’t to buy remaining 20% stake in ALEXBANK Nada Ali Sep 21, 2023 0 Intesa Sanpaolo Group, the leading European bank and owner of 80 percent stake in AlexBank in Egypt, has started…
Money Banque du Caire launches central security unit Sama Mousa Sep 14, 2023 0 Banque du Caire launched a central security control unit to monitor operations at its branches, said an emailed…
Money CBE eases banking access for illiterate, elderly Sama Mousa Sep 5, 2023 0 The Central Bank of Egypt (CBE) introduced new facilities on Tuesday to help illiterate and elderly customers (65+…
Money Egypt to sell stake in Banque Misr in 2024 Sama Mousa Sep 5, 2023 0 Egypt is eyeing selling a stake in Banque Misr to a strategic investor in 2024, the bank’s chairman Mohamed…
Banks Arab Investment Bank, Visa team up to boost e-payments in Egypt Nada Ali Aug 30, 2023 0 EFG Holding’s Arab Investment Bank (aiBANK) has entered into a long-term partnership agreement with Visa, to…
Banks Egypt’s central bank, London Institute of Banking & Finance sign MoU Nada Ali Aug 10, 2023 0 Egypt’s Central Bank signed a Memorandum of Understanding (MoU) with London Institute of Banking & Finance…
Money Arab Monetary Fund provides $615.8mln to support Egypt’s financial sector Nada Ali Jul 30, 2023 0 The Arab Monetary Fund (AMF) has extended a new loan to Egypt of 153.475 million Arabic dinars ($615.8 million) to…
Money National Bank of Egypt posts highest-ever full-year profits Abdel Halim El Gendy Sep 10, 2019 0 The National Bank of Egypt, the country’s largest state-run bank, posted its highest ever full-year profit, banking…
Money Egypt’s banking sector ranks 4th in the Arab world mohamed Hamdy Mar 30, 2019 0 The Egyptian banking sector is ranked fourth among the Arab world in terms of assets, according to the chairman of…
Egypt News Top50 Women Forum honours Rania al-Mashat for joining IMF Yomna Yasser Jun 29, 2016 0 In recognition of her significant role in the Egyptian banking sector, a 50-member woman-led forum has honoured…