The Central Bank of Egypt (CBE) announced on Tuesday a significant rise in loan balances at Egyptian …
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egyptian banks
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BanksFeatureMoney
CBE: Egyptian banking’ net profit records EGP 283.4b in ’23
by Yomna Yasserby Yomna YasserThe Egyptian banking sector saw its net profit grew by more than half throughout 2023, the central …
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BanksEgypt NewsFeatureNews
Kuwaiti Finance House offers to acquire United Bank of Egypt
by Nada Aliby Nada AliKuwait Finance House (KFH) has submitted a non-binding offer to acquire United Bank of Egypt, the Federation …
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BanksEgypt NewsNews
Egyptian banks shut down on Sunday for Christmas
by Aya El Sayedby Aya El SayedThe Central Bank of Egypt (CBE) announced on Wednesday that Egyptian banks will not be open on …
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forex newsThe Watch
Sunday’s transactions saw stable dollar exchange rate vs Egypt pound
by Aya Anwarby Aya AnwarThe start of Sunday’s transactions saw the stabilization of the dollar exchange rate at the major Egyptian …
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BanksFeatureMoney
Fitch: Egyptian banks’ capital ratios can withstand a further pound depreciation
by Yomna Yasserby Yomna YasserEgyptian banks’ regulatory capital ratios can withstand further Egyptian pound depreciation as they are supported by healthy …
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BanksEgypt NewsFeatureFinancial InstitutionsNewsTech/AI
UAB: Egypt has 3rd best banking system in Arab world as for assets, deposits, loans
by Nada Aliby Nada AliThe Union of Arab Banks (UAB) said that Egypt has third best banking system in Arab world …
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BanksEgypt NewsFeatureIndustry & TradeMoneyNewsTech/AI
Sisi: Egypt banks to help clear import backlog within four days
The banks in Egypt will help secure the necessary dollars to clear a backlog of imports piling …
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BanksFeatureMoney
Fitch: Egyptian banks’ credit risks ease on improving economy, better operating environment
Fitch Ratings said on Tuesday that pressures on Egyptian banks’ credit profiles and viability ratings have eased …
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U.S. dollar exchange rate maintained its downward trend during transactions at Egyptian banks on Sunday, amid an …
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