Banking

The Central Bank of Egypt (CBE) has offered on Sunday, 9 January, treasury bills (T-bills) and bonds (T-bonds) at a combined value of EGP 21.25 billion through four auctions, according to official…
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 National Bank of Egypt (NBE) has won the first place as the top bank acting as a financing agent, main arranger, and marketer of syndicated loans in the Egyptian and African banking markets,…
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The Central Bank of Egypt (CBE) has revealed that the total banking deposits — in local currency —increased to EGP 4.388trn in November 2021, compared to October’s EGP 4.308trn.
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Egypt’s external debt declined slightly in September — the end of the first quarter (1Q) of the current FY2021/2022 — to record $137.4 billion, down from the $137.8 billion posted by the end of June —…
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Egypt’s net foreign reserves rose to $40.934 billion at the end of December from $40.909 billion at the end of November, a central bank provisional data showed on
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Palm Hills is expected to launch its first sukuk offering in January 2022, with a value of EGP 3bn, and to be followed by another offering with a value of approximately EGP 2bn before the middle of…
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The Central Bank of Egypt (CBE) approved the launch of an e-portal for managing smartphone wallet accounts in cooperation with the National Telecom Regulatory Authority (NTRA). 
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The National Bank of Egypt (NBE) announced the availability of a new service that enables new customers  to open accounts through the bank's website, the service  is called "Open your account from…
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Egypt’s biggest state lender, the National Bank of Egypt (NBE) raised its stake in the country’s largest public lender Commercial International Bank (CIB-Egypt) from 8.27 percent to 9.17 percent at…
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Al Baraka Bank-Egypt plans to achieve net profits of EGP 1.41 billion in 2022, as part of its budget plan, according to a bourse disclosure
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