Latest Banking News
Suez Canal Bank measures carbon footprint: A milestone in sustainable financing
Suez Canal Bank announced that it has completed measuring the carbon emissions…
CBE unveils key banking soundness metrics for 2023
Banks’ net profits hit EGP 283.388bn, with top 10 banks comprising 74.92%…
EGP 283.3bn net profits for banks in Egyptian market in 2023: CBE
Total financial position of banks records EGP 15.165trn
CIB Foundation contributes EGP 40m to Ahl Masr Trauma, Burn Hospital
As diamond sponsor, CIB Foundation plays pivotal role in hospital’s inauguration, attended…
Suez Canal Bank opens new branch at 6th of October University
Inauguration of bank’s branch comes within its plan to expand, target promising…
Banking sector engages in second phase of presidential initiative ‘Decent Life’
CBE is committed to improving access to financial services, products, raising living…
Islamic banking in Egyptian market hits EGP 606bn in 2023
This figure represents approximately 4% of total Egyptian banking sector
CBE’s measures are necessary to correct Egypt’s economic path: Finance Minister
Minister of Finance Mohamed Maait stated that the Central Bank’s recent measures,…
Egypt’s policy overhaul sparks hope for economic revival: HSBC’s economist
We leave our end-2024 EGP forecast at 45, see scope for rate…