Banking

The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) kept the current key interest rates unchanged in its meeting held on Thursday.
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 Banque du Caire has invested $82 million in African Export-Import Bank (Afreximbank), raising the total value of the bank's investments in Afreximbank to around $115 million.
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The African Export-Import Bank (Afreximbank) is supporting Egyptian Elsewedy Electric to establish the Egyptian Industrial City (EIC) in Tanzania at a cost of nearly $400 million, head of research at…
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HSBC Egypt has introduced green personal finance for its retail customers in Egypt, as part of the bank's efforts to promote sustainability and support a net-zero carbon future.
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Commercial International Bank (CIB) launches the “Sustaining Sectors” programme.
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The African Export-Import Bank (Afreximbank) will provide $20 billion in order to support intra-African trade, according to Chairperson of the bank, Benedict Orama.
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Egypt was able to overcome challenges thanks to economic reform programmes, according to Governor of the Central Bank of Egypt (CBE), Tarek Amer.
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The National Bank of Egypt (NBE) subscribed to increase the capital of the African Export and Import Bank (Afrexim Bank) with a value of $326.6m, paying the required 40% at a value of $130.6m.
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Banque du Caire (BdC), Egypt’s third largest public state-lender, announced on Monday that its net profit recorded 800 million Egyptian pounds ($42.6 million) in the first quarter of the year.
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First Abu Dhabi Bank (FAB) announced the end of a legal merger process with Bank Audi – Egypt in a Facebook post on Saturday.
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