Banking

ADIB-Egypt launched an activation campaign at a number of high profile universities in Cairo to reach out students at BUE and GUC on December 5th, followed by MSA and AAST between 12-15 December 2021,…
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EFG Hermes’ investment banking division, the leading investment banking franchise in Frontier Emerging Markets (FEM), announced today that it has successfully closed the sixth issuance, worth EGP 170…
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The Central Bank of Egypt (CBE) received 33 bids from local and foreign investors worth $1.0379bn to cover the recent tender of treasury bills (T-bills) denominated in the US currency.
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The Suez Canal Bank participated — with a value ranging from EGP 195m to EGP 200m — in the securitisation processes of two financial leasing and mortgage finance companies.
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The Central Bank of Egypt (CBE) said that the net foreign assets of the local banking system rose by equivalent of EGP 23.923bn to about EGP 186.313bn in September 2021, compared to about EGP…
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Banks in Egypt reported a 16.9 percent surge in the size of deposits to 6.077 trillion Egyptian pounds ($386.8 billion) at the end of September from 5.196 trillion pounds at the end of December 2020.
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The New Development Bank (NDB) set up by the BRICS group of nations said it had admitted Egypt as a new member.
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The National Bank of Egypt (NBE) has announced the most important features of its strategic plan for 2022.
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The Egyptian Banking Institute (EBI), the training arm of the Central Bank of Egypt, continues to implement its strategy to develop the human capital in the African banking sector.
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The Egyptian Banking Institute (EBI) has been named the best financial training institute in MENA for 2021 by business journal Capital Finance International (CFI). The central bank’s training arm…
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