Banking

FinTech Egypt, an affiliate of the Central Bank of Egypt (CBE), has organised a virtual closing ceremony to celebrate the awarded university students participating in the “FinYology-FinTech for Youth”…
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Egypt’s Edita Food Industries has announced that it has signed a medium-term loan contract, worth EGP 90m, with the National Bank of Kuwait (NBK) to finance the company’s capital expenditures in…
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FG Hermes, The Egyptian Financial Group Hermes Holding, announced the value of the acquisition deal of the Arab Investment Bank (aiBANK) by EFG Hermes and The Sovereign Fund of Egypt (TSFE) has not…
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Agricultural Bank of Egypt (ABE), announced that the bank’s Bab Rizk programme for microfinance will be available in 150 of the bank’s new branches according to Alaa Farouk its Chairperson.
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The Suez Canal Bank (SCB) revealed that the bank aims to focus on car financing activities, Hussein Refaey, Chairperson and Managing Director said.
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The Central Bank of Egypt (CBE) and the Financial Regulatory Authority (FRA) have agreed, during an expanded meeting, to establish a fund to finance financial intermediation companies.
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The Central Bank of Egypt (CBE) issued new set of regulations for banks to facilitate measures required for opening new bank accounts for citizens.
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Abu Dhabi Islamic Bank Egypt (ADIB Egypt) reported on Wednesday positive consolidated financial results for the financial year ending December 31, 2020 despite the many economic challenges of that…
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Eleven FinTech Startups Showcase solutions to address covid-19 challenges at the “COVID-19 Innovation Sprint” Events which were hosted by the Central Bank of Egypt.
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The Agricultural Bank of Egypt (ABE) has commenced a restructure plan to develop the Egyptian Company for Agricultural and Rural Development has commenced, the bank’s chairperson Alaa Farouk revealed.
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