Egyptian banking sector Archives - Daily News Egypt

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High solvency, liquidity enable Egypt banking sector to function successfully amid COVID-19: Central Bank

Banking sector has witnessed high financial stability in past years, allowing it to deal with many crises, contain their repercussions

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High solvency, liquidity enable Egypt banking sector to function successfully amid COVID-19: Central Bank

Latest in Tag: Egyptian banking sector

The Central Bank of Egypt (CBE) has said that portfolio investment flows directed to emerging markets (EMs) will witness a slow and uneven recovery in favour of regions with the strongest economic recovery.

High solvency, liquidity enable Egypt banking sector to function successfully amid COVID-19: Central Bank

Banking sector has witnessed high financial stability in past years, allowing it to deal with many crises, contain their repercussions

Hossam Mounir

January 2, 2021

The Central Bank of Egypt (CBE) said that the net profits of banks operating in the Egyptian banking sector recorded about EGP 45.549bn at the end of September 2020.

Egyptian banking sector achieves EGP 45.549bn net profits in September

Top 10 banks in the Egyptian banking sector account for 65.5% of profits, top 5 banks account for 46.1%

Hossam Mounir

December 20, 2020

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