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
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News by
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
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News by
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
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News by
Egypt Independent
NBE announced on Thursday that 140 of its branches nationwide will be opened on both Friday (from 2 PM to 6 PM) and on Sunday (from 9 AM to 3 PM).
06.01.2023
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News by
Ahram Online
Bank confirms acquisition of additional 2.4% stake in ADIB Egypt.
06.01.2023
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News by
Zawya
This is the highest ever in Egypt. return of the certificate is paid at 25% interest at the end of the term, or at a monthly rate of 22.5%.
05.01.2023
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News by
Egypt Today
The two banks have now become a single legal entity after receiving final regulatory approvals, including those of the Central Bank of Egypt.
05.01.2023
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News by
Marketscreener
The Central Bank announced that the balance of foreign exchange reserves increased to $34.002 billion at the end of December 2022.
05.01.2023
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News by
asumetech
The CBE uses the proceeds of this T-bills bid to pay the value of a previous bid submitted by the bank on 4 January 2022 at a value of $852.9m.
04.01.2023
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News by
Daily News Egypt
The ability of the banking sector to deal with the current situation contributed to the release of commodities worth more than six billion dollars.
03.01.2023
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News by
See news
A recent report by CBE revealed that the money supply recorded EGP 1.692trn in November, compared to EGP 1.382trn in December 2021.
03.01.2023
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News by
Daily News Egypt
The CBE announced that it would begin a process of phasing out letters of credit system for import finance by the end of December.
30.12.2022
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News by
Ahram Online
The bank estimates to achieve a net income of EGP 4.032 billion in 2023.
30.12.2022
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News by
Zawya
In alignment with EBI's strategy for developing the human capital in the Egyptian banking ecosystem.
28.12.2022
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News by
Zawya
The bank had observed "illegal practices related to the foreign exchange market" and illegal attempts to make quick profits, its statement said.
27.12.2022
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News by
Reuters
The limits on cash withdrawals in foreign currency were lifted for expats who need the cash for medical treatment or education.
27.12.2022
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News by
Ahram Online
The bank does not plan issuing higher savings certificates in the present time.
27.12.2022
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News by
Egypt Independent
The growth came thanks to an increase in budget revenues by 15.6% during the first quarter of the current fiscal year.
25.12.2022
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News by
Egypt Today
Many central banks abroad have now signaled that inflation rates may have peaked and begun to decline.
24.12.2022
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News by
Egypt Independent
The WB announced on Friday $500 million in financing dedicated to expanding and strengthening Egypt’s flagship Takaful and Karama social safety.
24.12.2022
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News by
Ahram Online
