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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The bank's total assets reached EGP 635.83 billion (around $20.6 billion) in 2022, up from EGP 498.23 billion in 2021.
20.11.2023 Ahram Online
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The conflict is posing difficulties for neighboring countries Egypt, Lebanon and Jordan through the loss of tourism and higher energy costs.
19.11.2023 Reuters
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he maximum daily limit is EGP 60,000, up from EGP 30,000. The maximum monthly limit is EGP 200,000, up from EGP 100,000.
19.11.2023 Daily News Egypt
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EBRD First Vice President Jürgen Rigterink said: “The EBRD is delighted to sign this facility with our longstanding private sector partner, CIB."
16.11.2023 EBRD
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The Central Bank of Egypt on Monday launched treasury bills with fixed and variable returns at a total value of three billion LE.
16.11.2023 Egypt Independent
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Ratings agency Fitch has downgraded its credit ratings on four Egyptian banks, including the largest private bank.
15.11.2023 Reuters
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The remaining $2.4 billion will be distributed to undisclosed companies in Egypt.
15.11.2023 Egypt Today
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The central bank and KIA each currently hold a 49.37% stake in AAIB, with the leftover 1.26% distributed to “others,” explains AAIB’s recent report.
14.11.2023 Egypt Today
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The bank's net profits after tax soared to EGP 3.80 billion, marking a remarkable year-over-year leap of 137.19%.
14.11.2023 investing
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Kuwait has prolonged the tenor of a $4 billion deposit at the Central Bank of Egypt (CBE) to support the country’s international reserves.
14.11.2023 Ahram Online
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