Banking

PAN-African financial institution, Afreximbank projects that the continent’s trade performance will rebound strongly in 2021 driven by demand for African exports and global economic recovery.
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Banque du Caire signed a cooperation of protocol with Etisalat Misr to manage the digital wallet of Etisalat Cash.
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he Monetary Policy Committee of the Central Bank of Egypt (CBE) decided Thursday to keep the overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged at 8.25…
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The total financial position of banks operating in the local market, other than itself, reached about EGP 6.889trn in September 2020, up from about EGP 6.408trn in June 2020, an increase of about EGP…
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National Bank of Egypt (NBE) and Egypt Post on Tuesday signed a memorandum of understanding (MoU) to allow the transfer of remittances through post offices.
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The National Bank of Egypt (NBE) is leading an alliance of banks working in the Egyptian market to arrange an increase in financing for Oilex, an Egypt-based international company for the extraction…
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Banque Misr signed a protocol of cooperation with the Egyptian Commercial Service (ECS) to finance programmes and activities aiming at increasing the value of Egyptian exports to international…
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Abu Dhabi Commercial Bank – Egypt (ADCB Egypt) has received “The Most Promising Brand Award” in the Egyptian banking sector for 2020 from the World Union of Arab Bankers.
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HSBC Egypt has been voted the best cash management bank in Egypt by corporates in the annual Euromoney Cash Management Survey.
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Commercial International Bank (CIB), Egypt's largest private bank, increased its loan loss provisions by 60% in the third quarter after a central bank review raised compliance concerns that led to the…
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