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
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
The transaction was carried out on 1.90mln of the bank’s shares.
11.01.2023 Zawya
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
The certificates are also available at a 22.5 percent yield for monthly disbursement.
09.01.2023 Ahram Online
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.
07.01.2023 See news
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.
07.01.2023 The National News
Bahrani Arab Banking Corporation (Bank ABC) has completed the legal merger of its two Egyptian subsidiaries BLOM Bank Egypt and Bank ABC Egypt.
07.01.2023 Zawya
Economists said that Banque Misr’s announcement on Wednesday of a one-year savings certificate with 25 interest rate will help to curb inflation.
06.01.2023 Egypt Independent
Bank confirms acquisition of additional 2.4% stake in ADIB Egypt.
06.01.2023 Zawya
