Banking

Central Bank of Egypt (CBE) has signed an agreement with the Arab Monetary Fund (AMF) to register with the AMF’s Buna platform that governs intra-payment settlements and set-offs in the Arab region,…
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The National Bank of Egypt (NBE) has raised its stake in Fawry for Banking Technology and Electronic Payments to 12.54% from 6.54%.
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Saudi Arabia has deposited $3 billion in Egypt’s central bank, the state-run Saudi Press Agency reported on Wednesday.
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Banque du Caire has become an official Signatory of the UN Principles for Responsible Banking – a single framework for a sustainable banking industry developed through a partnership between banks…
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Egypt’s biggest state lender, the National Bank of Egypt (NBE) has raised 200 billion Egyptian pounds ($10.9 billion) from the high-yielding savings certificates it introduced nine days ago, deputy…
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Egypt’s second-largest state lender Banque Misr has collected 87 billion pounds ($4.75 billion) from the high-yielding savings certificates it introduced eight days ago, said chairman Mohamed…
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Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt) said on Monday it plans to hike its issued and paid-up capital to 5 billion Egyptian pounds ($273.2 million) at the end of next August.
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The Agricultural Bank of Egypt (ABE) announced an increase in agricultural credit categories by 25% to support small-scale farmers in the face of price hike of production and operating inputs.
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the Central Bank of Egypt (CB) launched several initiatives and measures to support financial inclusion and the economic empowerment of women in all sectors since 2016
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The Central Bank of Egypt (CBE) has launched a national digital payment app, InstaPay, which provides instant and secure payments between Egyptian banks, Meeza cards, and mobile wallets via its new…
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