A comprehensive overview of banks in Egypt - including state-owned, private, and international institutions, as well as the latest finance news. See also the
Top10 banks in Egypt.
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According to recent data from the Central Bank of Egypt, there was a reported 38 percent decline in remittance flows during the first half of 2023.
24.12.2023 Egypt Today
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This leaves the overnight deposit rate at 19.25 percent, the overnight lending rate at 20.25 percent, the rate of the main operation at 19.75 percent.
22.12.2023 Egypt Today
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In November 2023, Egypt achieved a successful sale of nearly $500 million worth of 5-year Samurai bonds in the Japanese market.
21.12.2023 Egypt Today
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Half of the loan will be dedicated to Egyptian private MSMEs in regions outside of Cairo and Alexandria.
21.12.2023 Ahram Online
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The Egyptian government is in talks with the International Monetary Fund for a new timeline for the loan deal, Prime Minster Mostafa Madbouly said.
21.12.2023 Ahram Online
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Banks operating in Egypt on Sunday resumed collecting fees on opening accounts (current or savings), adhering to the minimum account balance.
19.12.2023 Egypt Independent
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Many analysts believe Egypt will wait until January, well after the Dec. 10-12 vote, before hiking interest rates or devaluing the currency.
19.12.2023 Reuters
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The number of ATMs with features supporting people of determination in Egypt surged by nearly 23 percent to 4,950 in December from around 4,000 in Jan
19.12.2023 Ahram Online
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Owners are interested in the best ways to employ them, and whether public banks will tend to offer CDs with higher returns in retaining this money.
19.12.2023 Egypt Independent
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British bank HSBC projected the Egyptian pound to experience devaluation, reaching EGP 40-45 against the US dollar, during the first quarter of 2024.
17.12.2023 Ahram Online
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