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 Egyptian pound weakened to as low as 32.20 to the dollar on Wednesday from 27.60 at the open of trade. It has since rebounded to 30.55 on Thursday
13.01.2023 Reuters
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Commercial International Bank Egypt announced Tuesday, that it would raise the interest on Certificates of Deposit (CDs) for a year and a half.
12.01.2023 Egypt Independent
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The health, interior, foreign, and defence ministries are exempted, as well as agencies tasked with expenditure on subsidised food products and energy
11.01.2023 Reuters
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He pointed out that the new certificates offered by Banque Misr and Al-Ahly Bank, at a rate of 25%, contribute to collecting funds.
11.01.2023 See news
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In a letter of intent to the IMF dated Nov. 30, the government said it sought the support after the war in Ukraine increased existing vulnerabilities.
11.01.2023 Zawya
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The IMF approved in December a 46-month loan for Egypt under the Fund’s Extended Fund Facility (EFF) to address the impacts of the war in Ukraine.
11.01.2023 Ahram Online
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The transaction was carried out on 1.90mln of the bank’s shares.
11.01.2023 Zawya
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The report detailed the main targets and commitments the government has pledged under the four-year programme.
11.01.2023 Ahram Online
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Reforms since 2014 ease macroeconomic imbalances, enhance performance of energy sector, and mobilize financing enabled the country to face crises.
10.01.2023 Egypt Today
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The certificates are also available at a 22.5 percent yield for monthly disbursement.
09.01.2023 Ahram Online
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