Latest Banking News
Abu Dhabi Islamic Bank leads EGP 5.5bn financing deal for Giza Systems, VAS Integrated Solutions
Deal represents first dual-structured financing compatible with Islamic Sharia in Egypt in…
CBE raises interest rates to curb inflation amid financial control measures
The Central Bank of Egypt (CBE) anticipates persistent inflationary pressures in the…
Banks to review interest rates on savings, loans after CBE’s 2% rate hike
The Assets and Liabilities Committees (ALCO), which are in charge of setting…
CBE to launch $1bn tender for local treasury bills in US currency
The Central Bank of Egypt (CBE) will launch a tender for local…
CBE to discuss EGP interest rate fate for first time in 2024
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…
HDB, Ministry of Emigration explore cooperation on various initiatives
The Housing and Development Bank (HDB) and the Ministry of State for…
HDB opens new branch in New Cairo, expanding its network across Egypt
The Housing and Development Bank (HDB) inaugurated its “Les Roi” branch in…
Five banks finance over 210,000 projects with EGP 27.8bn under ‘Mashrou’ak’ initiative
Banks are NBE, Banque Msir, Banque du Caire, HDB, and ABE
CIB issues social sustainability bonds worth EGP 3.806bn for Tasahil
First, largest securitization bond issuance of this type in Egypt, Africa
ADCB collaborates with UNIDO to support green growth in Egypt
Abu Dhabi Commercial Bank Egypt (ADCB) has joined the Inclusive Green Growth…