AAIB delivers strong financial results End of Year 2023
Tamer Waheed, Vice Chairman and Managing Director, commented, AAIB delivered a strong…
NBE executes six financing agreements totaling EGP 18.8bn in Q1 2024
NBE leads in Egyptian market for syndicated loan arrangements, according to Bloomberg
Five banks account for 74.2% of mortgage finance for low-income sector in Q1 2024
22 banks offer EGP 66.448bn in mortgage finance to over 500,000 customers
3 Egyptian exchange companies surpass EGP 15bn in foreign currency collections post-liberalisation
Since the liberalisation of the exchange rate, three exchange companies have collectively…
Banks, companies contribute EGP 68.85bn to mortgage finance initiative for low-income individuals in Q1 2024
Banks offer EGP 66.448bn, representing 96.5% of total funds in initiative
CBE raises daily cash withdrawal limits
Daily ATM withdrawal limit increases to EGP 30,000
MID Bank increases interest rates on triple certificates
Bank keen on providing various savings vessels to attract new customers: Shahin
Al Baraka Bank elevates interest rates, introduces triple certificate with 22% annual yield
Al Baraka Bank has announced an increase in interest rates across various…
Liquidity in Egyptian banking sector rises to EGP 9.12trn in February 2024: CBE
Non-governmental bank deposits in local currency increase to EGP 6.447trn
Suez Canal Bank announces new leadership appointments
El Maghraby appointed as CEO and Managing Director, Tantawi to serve as…