Egypt’s banks off on April 24 – CBE
Egypt's banks will suspend work on Thursday, April 24, on the occasion of Sinai Liberation Day.
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Egypt’s banks
Egypt’s banks off for Easter holidays – CBE
Egypt's banks will be off on Sunday and Monday, April 20th and 21st, on the occasion of the Coptic Easter and Sham…
Egypt: dollar rates dip slightly at Tuesday’s open
Minor fluctuations in USD exchange rates noted by Egypt’s Central Bank at the start of trading on Tuesday, March…
Egyptian pound flat in early trading
The Central Bank of Egypt (CBE) reported differences in USD exchange rates at the start of trading on Monday, March…
Egyptian pound hits 47.90 versus USD
Egypt’s banks displayed slight differences in USD exchange rates on March 17, 2024. The Central Bank of Egypt (CBE)…
Moody’s reveres outlook of 5 Egyptian banks’ to positive
Moody's Ratings affirmed ratings and assessments for five Egyptian banks and reversed their outlook from negative…
ABK-Egypt named Fastest Growing Bank in Egypt for 2023
Al-Ahli Bank of Kuwait – Egypt (ABK-Egypt) has been recognised as the Fastest Growing Bank in Egypt for 2023 award,…
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…
Egypt’s Saib bank earns EGP 603.1mln profits during H1 of 2023
Egypt's Saib bank achieved a net profit after tax of 374.934 million Egyptian pounds by the end of June 2023,…
Egypt’s NBE, Banque Misr collect EGP 304bn from 25% yield certificates
Egypt’s two biggest state banks, the National Bank of Egypt (NBE) and Banque Misr have collected about 304 billion…
SMEs portfolio at Egypt’s NBE hits EGP 140bn
The National Bank of Egypt (NBE) has raised 140 billion Egyptian pounds in the Small and Medium Enterprises (SME)…
Egypt’s Banque Misr achieves EGP 16.5bn pretax profit in 6 months
Egypt’s second largest public bank Banque Misr reported on Sunday its pretax profits to record 16.560 billion…
Bloomberg: Egyptian banks bore the brunt of outflows in replay of 2018 exodus
Egypt’s commercial banks provided dollars to investors in March, helping keep the Egyptian pound currency stable…
Egypt’s June loans rise to 1.418 trillion pounds – c.bank
Egypt’s banks extended more loans in June than in the previous month, recording 1.41 trillion Egyptian pounds…
EXCLUSIVE: Egypt’s banks raise $7 billion since pound float move – CBE chief
Egypt’s local lenders have collected between $6.5 billion and $7 billion since Nov.3 decision to liberalise…
Egypt’s Banks Public Sector Hit EGP164.3b T-Bills Investments
The total financial institutions investments of treasury bills boosted EGP2 billion in February 2014 to reach up…
Industrial Development Bank Cuts EGP 1.661 Bln of NPL Portfolio
The industrial Development and workers bank of Egypt (IDBE) has cut EGP 1.661 billion from the…
Egypt Plans To Impose Tax On Bank Loans
Egypt will impose a tax of 0.001 percent on bank credit, loans and advances, according to a law approved in…
Egypt’s Banks Announce Working Hours During Ramadan
During the month of Ramadan the working day for clients in Egypt’s banks will end at 1.30pm rather than the usual…
A Communiqué Accuses CBE’s Officials Of Squandering Public Fund
Eng. Amr Ahmed Moussa- director general of information technology internal audit and payment systems in Central…
Alexbank Offers EGP 257 million To Small Enterprises By 2012
Alex Bank plans to increase its loans to small enterprises by 25% to reach EGP 257 million by the end of 2012,…