EBRD, Banque Misr sign Egypt’s 1st $100m sustainability-linked loan deal
The European Bank for Reconstruction and Development (EBRD) signed Egypt’s first sustainability-linked financing…
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Federation of Egyptian Banks
Egypt banking operations back to normal after disruption
Egyptian banks will continue normal operations on Tuesday despite the disruption to telecom services caused by a…
Egypt’s UHIA signs protocol with FEB to expand coverage
Egypt's Universal Health Insurance Authority (UHIA) signed a cooperation protocol with the Federation of Egyptian…
Egypt’s Planning Ministry, Bank Federation ink deal to boost development finance access
Egypt’s Ministry of Planning and Economic Development signed a cooperation protocol on Sunday with the Federation…
Egypt’s c. bank offers fixed-rate deposits of EGP 150 bln
The Central Bank of Egypt (CBE) offers on Tuesday a fixed-rate deposits for a period of seven days, worth 150…
ADCB-Egypt increases capital to EGP 5.25 bln
Abu Dhabi Commercial Bank – Egypt (ADCB-Egypt) has increased its issued and paid-up capital by 250 million Egyptian…
Federation of Egyptian Banks denies funding GERD: eletreby
The Federation of Egyptian Banks denies reports alleging that Egyptian banks shared in funding the Grand Ethiopian…
Wearing face masks obligatory in banks amid coronavirus crisis: Federation of Egyptian…
The Federation of Egyptian Banks (FEB) has issued on Monday directives to all Egypt-based banks to oblige all their…
Egypt’s banks commit 700 million pounds to people affected by coronavirus
Egyptian banks have committed 700 million Egyptian pounds ($44.3 million) to support irregular workers hurt by the…
Banks in Egypt to donate EGP150mln to aid coronavirus affected
The Federation of Egyptian Banks (FEB) and the Central Bank of Egypt(CBE) have launched a joint initiative for…
Banque Misr El-Etreby appointed head of Egyptian Banks Federation for 3 years
The Federation of Egyptian Banks (FEB) has appointed chairman of Banque Misr Mohamed El-Etreby as head of the…
Federation of Egyptian Banks demands new facilities for mobile payment services
Egypt’s Federation of Egyptian Banks presented new suggestions to the Central Bank of Egypt regarding the…
Federation of Egypt Banks earmarks 100 mln pounds for slum scheme – Phase II
The Federation of Egyptian Banks is allocating 100 million Egyptian pounds ($5.5 million) for the second phase…
Central Bank of Egypt mulls amendments to the SMEs initiative
The Central Bank of Egypt (CBE) is looking to make amendments to the initiative that involves funding small and…
Banque Du Caire mulls establishing forex firm to combat black market
Egypt’s third biggest public lender, Banque Du Caire is studying establishing a foreign exchange firm in a bid to…
Federation of Egyptian Banks sponsors Builders of Egypt 2016
Federation of Egyptian Banks is the official sponsor for the second year of the second annual Builders of Egypt…
Egypt Banks’ Federation allocates EGP300 million for Helwan Slum Works
The Federation of Egyptian Banks decides to double its contribution to the upgrade of 15 informal areas in Helwan…
Egypt’s Military completes 85% of Helwan Slum Development Works
The Military Works Division of the Egyptian Armed Forces' Engineering Authority finished around 85% of the…
Federation of Egyptian Banks activates No Waste in Helwan Slums Initiative
The Community Development Committee of the Federation of Egyptian Banks is launching a project to remove the wastes…
Federation of Egyptian Banks, Al Ghurair Study EGP6bn Reclamation Project
Federation of Egyptian Banks (FEB) considers adopting a reclamation project in Menya governorate to plant sugar…
Union of Arab Banks’ Conference Kicks off in Sharm El-Sheikh
Under the auspices of Egyptian Central Bank Governor Hesham Ramez and in cooperation with the Federation of…
Banque Du Caire Grants 2% of Profits to Improve Egypt’s Informal Areas
Banque Du Caire grants 2% of its profits for combating the slums phenomena in Egypt under the initiative of…
Egypt’s Banks Contribute with EGP1bn for Community Development: FEB
Federation of Egyptian Banks(FEB) Chairman and Managing Director Hisham Ezz El-Arab said banks which operating in…
Barclays Contributes EGP3mn to Develop Slum Areas in Egypt
Barclays Egypt will contribute 3 million Egyptian pounds to combat the slums phenomena in Egypt under the…
AlexBank Contributes EGP13mn to FEB’s Initiative to Support Egypt Economy
AlexBank will contribute 13 million Egyptian pounds to support the Arab country's economy and carry out a number of…
AIB-Egypt Attains EGP89mn Profits, Allocates 2% for Slums
Arab Investment Bank of Egypt (AIB) Chairman Hani Seif El-Nasr said his bank attained EGP89 million before taxes…
Egypt Braces for New Standards of Internet Banking
Egypt's Central Bank is currently holding intensive meetings with local banks, seeking to issue new regulations for…
FEB Making Recommendations to Allure Investment Atmosphere
Federation of Egyptian banks (FEB) is doing a numbers of recommendations in cooperation with the Central Bank of…
FEB: 75% of Egypt Banks Effective in ‘Informal Areas’ Initiative
75% of total banks in Egypt decided to have their active role in upgrading informal areas and slums across the…
Federation of Egyptian Banks Plans EGP200 mln Contribution to Informal Areas
Federation of Egyptian Banks(FEB) plans to allocate EGP 200 million from the Banking System’s profits by the end of…
Egypt: FEB Holds its Periodic Meeting Today
The Federation of Egyptian Banks (FEB) headed by Mr. Hisham Ezz Al-Arab, will be holding its periodic meeting today…
Egypt’s Banking Sector Amid A Revolution
Federation of Egyptian Banks chairman Hisham Ezz Al-Arab talked went over the difficulties that Egypt's economy is…
NBE Suggests Setting Up Microfinance Bank: Sherif Gamea
The Federation of Egyptian Banks’ technical committee will discuss the possibility of establishing a microfinance…
FEB Discusses Micro-enterprise Financing Methods Next June
The Federation of Egyptian Banks (FEB) will hold a meeting next month to discuss the possible methods of financing…
Federation Of Egyptian Banks Mulls Establishing Micro-Enterprise Bank
The Federation of Egyptian Banks (FEB) will hold a meeting on 29th of this May to study the establishment of a…
Hisham Ezz El-Arab Named FEB Chairman, Succeeding Tarek Amer
Hisham Ezz El-Arab, managing director of the Commercial International Bank (CIB), has been named the chairman of…
Federation Of Egyptian Banks To Elect New Chairman Next March
The Federation of Egyptian Banks (FEB) will elect a new chairman in its general assembly meeting next March,…
El-Okdah’s FX Auction Reason Behind Dollar Shortage: Ali Fayez
Ali Fayez, former general manager of Federation of Egyptian Banks (FEB), stated that the FX auction mechanism,…
Amer Expects Economic Recovery After Political Stability
The chairman of Federation of Egyptian Banks (FEB) and National Bank of Egypt (NBE) Tarek Amer chaired the main…
Amer Urges EBRD To Practice Easier Lending Policy With Egypt
Tarek Amer, chairman of the Federation of Egyptian Banks, said the European Bank for Reconstruction and Development…