Banking

Chairperson of the Agricultural Bank of Egypt (ABE) Alaa Farouk said that the bank’s total credit portfolio recorded about EGP 60.204bn at the end of August 2022, pointing out that the total financing…
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Commercial International Bank (CIB) has announced the integration of ESG principles across the Bank’s 37 policies in the first half of 2022, in accordance with its Sustainable Finance Policy, issued…
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The Central Bank of Egypt (CBE) has renewed its warning against dealing in any type of cryptocurrency through regional or international platforms.
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First Abu Dhabi Bank expects to complete the full integration of operations and systems with Bank Audi's unit in Egypt in the third week of next October, according to its CEO Mohamed Al-Fayed
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In accordance with the directives of H.E. President Abdel Fattah Al-Sisi, President of the Arab Republic of Egypt, to strengthen the cooperation with African countries across all fields particularly…
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The European Bank for Reconstruction and Development (EBRD) is supporting the green economy in Egypt with a $100m loan to Banque Misr for on-lending to local small and medium-sized enterprises (SMEs).
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Crédit Agricole France has purchased 60 million shares in Crédit Agricole Egypt on 8 September 2022.
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Afreximbank and the United Nations World Food Programme (WFP Egypt) have discussed cooperation in Smart Agriculture, Green Energy, Value Chain, Financial Inclusion and Impact Investment.
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Abu Qir Fertilizers plans to get a loan of $80-100m that will be arranged by the National Bank of Kuwait – Egypt (NBK), to finance expansion in production capacity from 1,925 tonnes per day to 2,370…
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The Egyptian Exchange (EGX) has announced a block trading deal worth EGP 21.19 million on the shares of the Housing and Development Bank (HD Bank).
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