Browsing: Banking

The Central Bank of Egypt (CBE) has announced that local currency loans to the private sector grew by an average…

First Abu Dhabi Bank Misr (FABMISR) is leading an EGP 4.2bn syndicated loan for Redcon Properties to finance its “Golden…

Suez Canal Bank, in partnership with Mastercard, has successfully concluded its “Spend & Win” campaign, awarding one lucky winner and…

The volume of Islamic banking in Egypt reached EGP 1.079trn in March 2025, marking a year-on-year increase of EGP 379bn…

The Social Housing and Mortgage Finance Fund (SHMFF) has announced that banks and mortgage finance companies have disbursed a total…

The Commercial International Bank (CIB) has entered into a strategic partnership with Lantern Ventures, a leading Egyptian investment portfolio management…

United Bank has reported standalone pre-tax profits of EGP 1.013bn for the first quarter (Q1) of 2025, achieving a 59%…

The European Bank for Reconstruction and Development (EBRD) and Banque Misr have extended a syndicated loan of approximately $80m to…

The Industrial Development Bank (IDB) has taken part in two significant Sukuk issuances during the first half of 2025, with…

The National Bank of Egypt (NBE) and Banque Misr announced interest rate cuts of 1% on their Egyptian pound-denominated savings…