Banking

The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) is expected to keep interest rates unchanged for the sixth time in a row in its next meeting on Thursday, 5 August, as the inflation…
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Fitch Ratings said on Tuesday that pressures on Egyptian banks’ credit profiles and viability ratings have eased on improvements in the country’s operating environment since end of the third quarter…
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 Credit Agricole Egypt recorded consolidated net profits of EGP 767.09 million during the first half (H1) of 2021, up by 9.4% year-on-year (YoY) from EGP 701.02 million.
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The National Bank of Egypt (NBE), the country’s largest public lender, reported on Tuesday a 161.6 percent year-on-year growth in net profit for the first quarter of the year.
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Saib Bank is participating in celebrating the International Youth Day, whose activities take place during the period from 1 to 15 August  to attract more citizens to their customer base, in support of…
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Saib, a leading bank operating in the Egyptian market, announced a competition to issue  "Al Ahly" Credit Card and prepaid card that gives its holder the opportunity of receiving gifts with Al Ahly…
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The ordinary general meeting (OGM) of Fawry for Banking Technology and Electronic Payments has approved to purchase the stake of Banque Misr in Fawry Plus for Banking Services.
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The Czech Minister of Foreign Affairs, Jakub Kulhánek, announced that financial institutions and banks in the Czech Republic have started helping companies to inject new investments into the Egyptian…
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Al Ahli Bank of Kuwait–Egypt (ABK-Egypt) reported on Sunday a 12 percent year-on-year growth in net profit for the first six months of the year that ended in June.
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Two major international publications, the Global Business Outlook and Global Banking and Finance Review have recently recognized Crédit Agricole Egypt as a winner of four prestigious awards, namely,…
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