Banking

Egypt’s domestic liquidity inched up to 6.416 trillion Egyptian pounds ($344.8 billion) in the at the end of April from 6.280 trillion pounds at the end of March.
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Abu Dhabi Commercial Bank (ADCB-Egypt) has expanded its collaboration with Temenos to offer the next-generation digital payments via Temenos open platform for configurable banking, the company…
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Egypt’s two biggest state banks, the National Bank of Egypt (NBE) and Banque Misr have  said on Monday they are suspending the one-year certificate of deposit which was introduced on March 21 with an…
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The Egyptian Association for Islamic Finance revealed that the volume of Islamic banking in Egypt reached EPG 434bn by the end of March.
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The African Development Bank (AfDB) has launched the Africa Circular Economy Facility (ACEF) at a total value of €4 billion in collaboration with the Finnish government, said Kariuki Kevin Kanina, the…
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Moody's decision to affirm Egypt's credit rating despite the complex external shocks facing the global economy and emerging countries is "a very positive decision.", according to Minister of Finance…
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The African Development Bank (AfDB) named Egypt as the host of the 58th round of its annual meetings in 2023.
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Central Bank of Egypt Governor Tarek Amer will chair the World Bank Group (WBG) and the International Monetary Fund‘s (IMF) annual meetings, taking place in October, the WBG announced on Thursday.
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The National Bank of Egypt (NBE) and Banque Misr announced that the proceeds of the one-year saving certificates with a 18 percent return amounted to LE 679 billion since it was launched on March 21…
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Mohamed Al-Zamlout, Governor of the New Valley, and Alaa Farouk, Chairperson of the Agricultural Bank of Egypt (ABE), have inaugurated the bank’s recently developed branch in the town of Kharga.
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