Bank News

Prime Minister Mostafa Madbouly stated in the weekly government meeting that the International Monetary Fund (IMF), in partnership with the government
10.11.2024 | News by Ahram Online

Egypt's net international reserves (NIRs) increased to $46.9 billion by the end of October, up from $46.7 billion in September.
07.11.2024 | News by Ahram Online

The Central Bank of Egypt (CBE) announced Tuesday that it has partnered with the Central Bank of Djibouti (CBD) to conduct a comprehensive training.
06.11.2024 | News by Ahram Online

The IMF increased the size of its loan to Egypt to $8 billion from $3 billion in March.
05.11.2024 | News by Asharq Al-Awsat

CBE sold €642.8 million in euro-denominated treasury bills (T-bills) on Monday, with a maturity period of 364 days, according to the bank’s website.
05.11.2024 | News by Ahram Online

The MoU establishes a collaborative framework between ALEXBANK and CDP focusing on providing Egyptian farmers and agribusinesses.
30.10.2024 | News by arqam

Raising the yields on US dollar-denominated certificates and other deposits by Banque Misr does not indicate an expected devaluation of currency.
27.10.2024 | News by Ahram Online

United Bank made a net profit of 1.74 billion Egyptian pounds in the financial year to end June on assets of 106 billion Egyptian pounds.
27.10.2024 | News by Reuters

The MBC Masr channel reported that this step comes on the occasion of the Global Week for Financial Inclusion and the World Savings Day.
17.10.2024 | News by Egypt Independent

The central bank also announced that direct debit cards can be issued in the same currency as the accounts after obtaining the necessary approvals.
16.10.2024 | News by Ahram Online

The Central Bank of Egypt (CBE) has granted Misr Digital Innovation (MDI) preliminary approval to launch the country's first digital bank.
13.10.2024 | News by Connecting Africa

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%.
10.10.2024 | News by See News

Blom Bank owns 99.42% of the issued share capital of Blom Bank Egypt, the statement said.
08.10.2024 | News by Asharq Al-Awsat

The current account flipped to a $3.71 billion deficit in the April-June quarter from a $557 million surplus a year earlier.
02.10.2024 | News by Reuters

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.
02.10.2024 | News by Ahram Online

Data from the ministry indicates that short-term domestic debt decreased by 2.9 percent to LE 7.33 trillion.
01.10.2024 | News by North Africa Post

The MoU aims to exchange experiences and knowledge through workshops, training courses, and conferences.
01.10.2024 | News by Ahram Online

This meeting will be preceded by a workshop titled Increasing the Strength and Stability of the Financial System in the Age of Digitization.
29.09.2024 | News by Ahram Online

Financial experts and policymakers have urged caution, advocating for a delay until there is more clarity on global interest rate trends.
Papers by Egypt Business Directory

The dollar depreciated against the Egyptian currency by about 20 piastres to record EGP 48.48 to buy and EGP 48.62 to sell.
26.09.2024 | News by See news