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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Egypt's joining of the BRICS New Development Bank will relieve the state budget of the pressure of finding US dollars to meet the country's imports.
19.03.2023 Bitcoinke
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The loans and advances portfolio surged by 36.5% during 2022, reaching EGP 53.9 bn as of 31 Dec. 2022.
18.03.2023 Egypt Today
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The CBE stated that the volume of investments of the largest 10 banks in these instruments amounted to about LE 3.533 trillion.
16.03.2023 Egypt Today
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The grant aims at improving a number of practices, including a program for asset management, safety and companies' development.
16.03.2023 Zawya
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The net activity revenues amounted to about LE 407.592 billion, compared to LE 272.230 billion.
16.03.2023 Egypt Today
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It is scheduled that the value of the second tranche of the loan will be the same as the value of the first tranche, which is $347 million.
15.03.2023 Egypt Today
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New tax measures will be implemented in FY2023/24 (starting July 2023) to increase tax revenues by 0.3 percent of the GDP.
15.03.2023 Ahram Online
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The CBE noted that the Egyptian banks do not have any deposits, investments, or financial transactions with Silicon Valley.
13.03.2023 Egypt Today
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On the occasion of International Women’s Day, banks will open accounts for free starting from March 8 to 31.
12.03.2023 Egypt Independent
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Bloomberg said that the Central Bank of Egypt will take this decision after inflation in February far exceeded expectations.
12.03.2023 Egypt Independent
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