Bank News
-
Why are so many banks topping Egypt’s biggest companies list?
Egypt’s top public companies for 2025 have been revealed, and one trend is hard to miss: banks are dominating.
-
Why the IMF has a positive outlook ONLY on Egypt
Egypt is now the only major Middle East and North Africa economy seeing an upgrade; the Fund trimmed the region’s 2025 forecast to just 3 percent.
-
Banks double down on social impact as CSR funding nears EGP 4 billion
Fresh data from the Central Bank of Egypt (CBE) show that the sector channelled EGP 3.9 billion into community projects during 2024.
-
7 key facts about the EU’s €4 billion aid to Egypt
What the newly approved financial package means for Egypt’s economy, green transition, and long-term relationship with Europe.
-
10 key facts about Egypt’s $2.5 billion IMF financing package
This financial support comes as the country navigates economic challenges, including regional instability and external financial pressures.
-
Why is Egypt delaying international bonds?
Financial experts and policymakers have urged caution, advocating for a delay until there is more clarity on global interest rate trends.
-
The top 5 banks in Egypt in terms of safety
The safety and reliability of banks are of paramount importance to both consumers and investors, especially in a climate of shifting dynamics.
-
6 Insights into CBE's new rules for overseas credit card usage
Due to Egypt's foreign currency challenges and the need for stricter financial oversight, CBE implemented new rules for using credit cards abroad.
-
Top 20 banks in Egypt
Egypt's banking sector remains dynamic amidst evolving economic landscapes, demonstrating resilience and agility in the face of challenges.
-
The impact of reduced foreign currency credit card limits
Since 2022, Egyptian banks have been grappling with the challenge of preserving foreign currency resources amid a server shortage.
-
Understanding debt restructuring: The case of Egypt
This article delves into why Egypt might consider this financial strategy, the implications for its economy, and the role of the IMF.
-
Egypt's digital pound: 10 key facts you should know
As Egypt explores the possibility of introducing its digital pound, here are 10 essential facts that readers need to know about this.
-
Egypt’s central bank holds interest rates steady amidst inflation concerns
The central bank's pause on interest rate changes signals a cautious approach to addressing the country's economic challenges.
-
Top10 banks in Egypt
Egypt's banking sector is a diverse mix of state-owned, private, and international institutions.
-
10 things you need to know about financial inclusion in Egypt
CBE released a report last Saturday highlighting the important figures regarding financial inclusion in Egypt, here are 10 facts from the report.
-
10 things you need to know about Egypt new IMF loan
How many billions has Egypt received from the IMF so far? are there measures to protect the vulnerable? why devaluate the pound?
-
NBE to open a subsidiary in South Sudan
The move is part of NBE’s strategy to establish itself internationally and strengthen its operations outside of Egypt.
-
New coordination council between CBE, government
President AbdelFattah El-Sisi issued resolution 584 to form the council chaired by the prime minister, bank governance and some other ministers.
-
Egypt, IMF agree on $5.2 billion release
The IMF had also loaned Egypt a $2.8 billion emergency loan in 2020 to face the consequences of the pandemic.
-
The 6 CBE rules for issuing electronic currencies
The permission is only limited to banks under CBE supervision and upon its consent.