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 rates of the overnight deposit and lending return were raised by 100 basis points, to reach 19.25%, 20.25% and 19.75%, respectively.
06.08.2023 Egypt Today
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The Commercial International Bank (CIB) launched Thursday a one-year USD-denominated certificate of deposits (CDs) with a monthly yield of 6 percent.
06.08.2023 ahram online
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In the January-March 2023 period, the EGX-listed bank posted a 148.96% leap in consolidated net profit.
06.08.2023 zawya
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Metwally added that after the decision, the variable interest rates on deposits will rise directly by one percent.
06.08.2023 Egypt independent
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The European Bank for Reconstruction and Development (EBRD) has invested €27 million in securitized bonds issued in Egypt.
06.08.2023 ahram online
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US investment bank Morgan Stanley anticipates that the Egyptian pound’s exchange rate against foreign currencies will further decline.
03.08.2023 Egypt Independent
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This is in light of the Central Bank of Egypt’s (CBE) celebration of International Youth Day on 12 August.
02.08.2023 Ahram Online
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The deficit in Egypt's net foreign assets surged by over 125 percent on a yearly basis in June, according to data released by the CBE.
02.08.2023 Ahram Online
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Egypt's government debt-to-GDP ratio is expected to reach 97 percent at the end of June 2023, according to Minister of Finance Mohamed Maait.
01.08.2023 Ahram Online
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Egyptian Minister of International Cooperation Rania Al-Mashat has been appointed as a member of the board of directors of the Abu Dhabi Islamic Bank.
01.08.2023 Ahram Online
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