CBE eases banking access for illiterate, elderly
The Central Bank of Egypt (CBE) introduced new facilities on Tuesday to help illiterate and elderly customers (65+…
Browsing Tag
Egypt’s Banking Sector
Egypt to sell stake in Banque Misr in 2024
Egypt is eyeing selling a stake in Banque Misr to a strategic investor in 2024, the bank’s chairman Mohamed…
Arab Monetary Fund provides $615.8mln to support Egypt’s financial sector
The Arab Monetary Fund (AMF) has extended a new loan to Egypt of 153.475 million Arabic dinars ($615.8 million) to…
Egypt’s central bank receives ISO certification in business continuity management
Egypt’s central bank has announced on Saturday that it had successfully received the ISO 22301:2019 certification…
Fitch: Egyptian banks’ credit risks ease on improving economy, better operating…
Fitch Ratings said on Tuesday that pressures on Egyptian banks’ credit profiles and viability ratings have eased on…
Egypt banking sector assets rise 1.2% in July – c.bank
The value of assets held by Egypt’s banking sector rose 1.2 percent to 5.140 trillion Egyptian pounds ($286.36…
Booz Allen Hamilton: Egypt’s banking sector needs new policies to thrive
The American management consulting firm Booz Allen Hamilton released a report entitled The New Economic Norm: How…
Fitch: currency devaluation ‘moderately positive’ for Egyptian banks in long term
The recent devaluation of the Egyptian pound against the US dollar will likely be supportive of foreign currency…
Enhancing the role of Egypt’s banking sector in financial intermediation
It is no question that Egypt has a large banking sector, but low financial intermediation. This is reflected in…
Egypt’s Banking Sector: Beacon of Stability; CIB Chief writes
In his recent article at The Hill newspaper, high-profile Egyptian banking figure Hisham Ezz Al-Arab writes…
