List of Banks in Egypt
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Egyptian Banks Cut Interest on Dollar Certificates
The national Bank of Egypt (NBE) and Banque Misr, the two largest government banks, cut interest on 3-year dollar savings certificates by about 0.50%.
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Blom Bank in Talks with Bahrain's ABC to Sell Egyptian Unit
Blom Bank owns 99.42% of the issued share capital of Blom Bank Egypt, the statement said.
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Egypt's current account falls into deficit in 2nd quarter
The current account flipped to a $3.71 billion deficit in the April-June quarter from a $557 million surplus a year earlier.
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Sunday off for all Egypt banks on anniversary of 6 October victory
Sunday will be a holiday for all banks in Egypt on the anniversary of the 6th of October war triumph, the Central Bank of Egypt (CBE) said.
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In Q4 of 2023–2024, Egypt’s State debt decreases by 2.1%
Data from the ministry indicates that short-term domestic debt decreased by 2.9 percent to LE 7.33 trillion.
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Egypt’s central bank inks MoU with Tunisian counterpart
The MoU aims to exchange experiences and knowledge through workshops, training courses, and conferences.
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CBE to host 48th annual meeting of Council of Arab Central Banks
This meeting will be preceded by a workshop titled Increasing the Strength and Stability of the Financial System in the Age of Digitization.
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Dollar Drops against Egyptian Pound to 48.48
The dollar depreciated against the Egyptian currency by about 20 piastres to record EGP 48.48 to buy and EGP 48.62 to sell.
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Egypt to sell United Bank stake in IPO by Q1 2025
United Bank’s total assets increased from 72 billion Egyptian pounds in 2021, to 106 billion pounds in June.
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Egypt to sell United Bank stake by end of March, c.bank says
Egypt's central bank aims to sell shares in state-owned United Bank in an initial public offering (IPO) on the stock exchange by the end of March.