List of Banks in Egypt
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World Bank: Egypt's economic reforms helpful in overcoming int'l crisis
Reforms since 2014 ease macroeconomic imbalances, enhance performance of energy sector, and mobilize financing enabled the country to face crises.
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Proceeds from high yield saving certificates in NBE and BM reach nearly EGP 100 billion in just 48 hours
The certificates are also available at a 22.5 percent yield for monthly disbursement.
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Egyptian banks collect EGP 24 billion from 25% certificates within two days
The head of Banque Misr confirmed that this scenario had been repeated before, as banks offered certificates and savings with a 20% return in 2017.
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Abu Dhabi Islamic Bank increases stake in its Egyptian unit to more than 52%
With more than Dh147 billion ($40 billion) in assets at the end of September, ADIB is also active in Saudi Arabia, the UK, Sudan and Iraq.
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Bank ABC finalizes legal merger with BLOM Bank Egypt
Bahrani Arab Banking Corporation (Bank ABC) has completed the legal merger of its two Egyptian subsidiaries BLOM Bank Egypt and Bank ABC Egypt.
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What is the aim of Banque Misr’s one-year savings certificate at 25% interest rate return?
Economists said that Banque Misr’s announcement on Wednesday of a one-year savings certificate with 25 interest rate will help to curb inflation.
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National Bank of Egypt and Banque Misr to open on Friday, Sunday to sell 25% saving certificates
NBE announced on Thursday that 140 of its branches nationwide will be opened on both Friday (from 2 PM to 6 PM) and on Sunday (from 9 AM to 3 PM).
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UAE’s ADIB now owns more than 52% of Egyptian unit
Bank confirms acquisition of additional 2.4% stake in ADIB Egypt.
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NBE, Banque Misr issue 25% saving certificates for a year
This is the highest ever in Egypt. return of the certificate is paid at 25% interest at the end of the term, or at a monthly rate of 22.5%.
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Bank ABC Egypt targets new era of growth following completion of legal merger with BLOM Bank
The two banks have now become a single legal entity after receiving final regulatory approvals, including those of the Central Bank of Egypt.