Browsing: Banking

The Central Bank of Egypt (CBE) has reported a significant rise in net foreign assets (NFA) within the banking sector,…

Egypt’s banking sector, encompassing both the Central Bank of Egypt (CBE) and commercial banks, has experienced a dramatic recovery in…

The Islamic banking sector in Egypt reached EGP 1.14trn in 2024, representing approximately 5% of the total banking market, according…

Commercial International Bank – Egypt (CIB) and Kenya Bankers Association (KBA) have announced the launch of the third edition of…

The Central Bank of Egypt (CBE) has once again opted to keep interest rates unchanged, marking the seventh consecutive time…

As part of Egypt’s commitment to deepening ties with African nations, the Central Bank of Egypt (CBE) has welcomed a…

The Housing and Development Bank (HDB) has reported a substantial increase in pre-tax and provisioned profits, reaching EGP 16.855bn in…

The Commercial International Bank (CIB) has successfully completed an EGP 7bn non-sovereign Sukuk issuance for “Tasaheel” for Finance, through Alkan…

Egypt’s banking sector, under the leadership of the Central Bank of Egypt (CBE), is intensifying its commitment to sustainable finance,…

Saib bank concluded 2024 with an exceptional 81% surge in net profits, reaching EGP 1.74bn compared to EGP 963m in…