The MOU will improve the efficiency of and provide support for Egyptian non-banking financial services markets.
21.03.2023
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The CIB said then that Ezz Al-Arab will come as a successor to Sherif Sami, who will continue as a non-executive member of the Bank’s Board.
21.03.2023
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Egypt Today
The IFC has a growing investment portfolio amounting to about $1.5 billion in investment projects in Egypt.
20.03.2023
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Egypt Today
The Central Bank stated that it is working continuously to remove all difficulties or restrictions that may prevent women from obtaining banking.
20.03.2023
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Egypt's joining of the BRICS New Development Bank will relieve the state budget of the pressure of finding US dollars to meet the country's imports.
19.03.2023
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Bitcoinke
The loans and advances portfolio surged by 36.5% during 2022, reaching EGP 53.9 bn as of 31 Dec. 2022.
18.03.2023
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Egypt Today
The net activity revenues amounted to about LE 407.592 billion, compared to LE 272.230 billion.
16.03.2023
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Egypt Today
The grant aims at improving a number of practices, including a program for asset management, safety and companies' development.
16.03.2023
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Zawya
The CBE stated that the volume of investments of the largest 10 banks in these instruments amounted to about LE 3.533 trillion.
16.03.2023
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Egypt Today
New tax measures will be implemented in FY2023/24 (starting July 2023) to increase tax revenues by 0.3 percent of the GDP.
15.03.2023
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Ahram Online
It is scheduled that the value of the second tranche of the loan will be the same as the value of the first tranche, which is $347 million.
15.03.2023
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Egypt Today
The CBE noted that the Egyptian banks do not have any deposits, investments, or financial transactions with Silicon Valley.
13.03.2023
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Egypt Today
Bloomberg said that the Central Bank of Egypt will take this decision after inflation in February far exceeded expectations.
12.03.2023
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Egypt Independent
On the occasion of International Women’s Day, banks will open accounts for free starting from March 8 to 31.
12.03.2023
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Egypt Independent
The new withdrawal limits will be effective as of March 15th
11.03.2023
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Zawya
The flotation of the Egyptian pound since December under the new Extended Fund Facility programme with the IMF has benefited the industry sector.
11.03.2023
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Ahram Online
The total debt services during the 1Q of FY2022/2023 inched down to $4.7 billion, compared to $6.2 billion registered in the 1Q of FY2021/2022.
09.03.2023
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Ahram Online
It pointed out that cash withdrawal commissions relate to credit cards only when used in cash withdrawals from ATMs.
09.03.2023
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Egypt Today
The partnership aims at bringing more unbanked and underbanked Egyptians into the formal economy.
08.03.2023
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Zawya
The report pointed out that Egypt is the first country in the region to issue green sovereign bonds, with $750 million listed on the London Stock.
07.03.2023
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