Bank News

The discussions dealt with the issue of strengthening the role of the World Bank in the field of financing development and climate action.
16.04.2023 | News by Zawya

The IMF’s projections for Egypt’s GDP growth fall below the Egyptian government target of 4.1% GDP growth target in fiscal year (FY) 2023/24.
15.04.2023 | News by Zawya

Gerogieva said that the IMF is committed to supporting a more inclusive and effective debt resolution process.
15.04.2023 | News by Ahram Online

This agreement comes in light of the strategy of "ADIB Egypt", which is to provide banking solutions and financing methods.
13.04.2023 | News by Zawya

The IMF also downgraded its expectations for the country's real GDP growth in 2024 to 5 percent from the 5.3 percent it had projected in January.
12.04.2023 | News by Ahram Online

Egypt is witnessing an inflationary wave that has been accelerating almost every month since the beginning of 2022.
11.04.2023 | News by Egypt Today

Next week the Egyptian Coptic Orthodox Church and other Orthodox churches celebrate Easter according to the Julian Calendar.
11.04.2023 | News by Ahram Online

MIDBANK was keen to cooperate with various banks to finance many mega projects, as part of its strategy to strengthen the syndicated loan portfolio.
11.04.2023 | News by Daily News Egypt

On February 8th, the Cabinet announced that it would offer 32 state-owned companies and banks for sale on the Egyptian Exchange (EGX).
11.04.2023 | News by Zawya

On March 14, the Egyptian government announced an expected growth of the economy during the current fiscal year by 4.2 percent.
10.04.2023 | News by Egypt Independent

The Central Bank of Egypt (CBE) auctioned treasury bills (T-bills) worth EGP 40 billion ($1.30 billion) on Sunday, divided into two issues.
10.04.2023 | News by Ahram Online

CBE released a report last Saturday highlighting the important figures regarding financial inclusion in Egypt, here are 10 facts from the report.
Papers by Egypt Business Directory

Egypt's financial inclusion rates have improved between 2016 and 2022 by 147 percent, according to figures released by the Central Bank of Egypt (CBE)
09.04.2023 | News by Ahram Online

They revised it to four percent in each of these two fiscal years, down from 4.5 percent it projected in December of 2022.
07.04.2023 | News by Ahram Online

The NBE and Banque Misr offered two three-year CDs; one with a fixed monthly yield of 19 percent, the other with a decreasing yield of 22 percent.
06.04.2023 | News by Ahram Online

On Monday, QNB and CIB announced the issuance of new CDs with annual yields of 19.25 percent and 22 percent, respectively.
06.04.2023 | News by Ahram Online

During FY2022, the total value of deposits stood at EGP139.38 billion and was driven by a 35% increase compared to the previous year.
06.04.2023 | News by Zawya

Up to 4,000 participants are expected to attend the 2023 annual meetings held at the Sharm El-Sheikh International Conference Centre on 22-26 May.
05.04.2023 | News by Ahram Online

The goal is to assist the bank in assessing its climate risk exposure, and ensuring any climate-related financial risks are disclosed in its portfolio
05.04.2023 | News by Daily News Egypt

NBE and Banque Misr issued 2 three-year CDs, one of them with a fixed yield of 19% disbursed monthly, while the second is with a decreasing yield 22%.
04.04.2023 | News by Ahram Online