Browsing: Banking

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…

The African Development Bank (AfDB) will provide Egypt with $746m in funding in 2025, matching the amount projected for 2026,…

A banking consortium led by Banque Misr, in cooperation with Abu Dhabi Commercial Bank–Egypt (ADCB), has arranged a syndicated loan…

Suez Canal Bank reported net profits of EGP 1.3bn for the first quarter (Q1) of 2025, more than double the…

The Agricultural Bank of Egypt (ABE) has announced the formation of a new Board of Directors for a three-year term,…

The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) will hold its third scheduled meeting of 2025 on Thursday…

CARITech, a leading digital transformation consultancy specializing in core banking modernization, has announced a strategic partnership with Finastra, a global…