QNB Egypt has marked a major milestone in the evolution of the country’s banking sector with the launch of its first fully integrated Private Banking service, led by internationally recognized …
Egyptian Banking Sector
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HighlightsNews
Al Tadamun Microfinance Foundation Expands Partnership With NBE, Secures Additional EGP 100 Million Credit Facility
In a move aimed at strengthening women-led microenterprises across Egypt, Al Tadamun Microfinance Foundation announced an expanded financing agreement with the National Bank of Egypt (NBE), raising its total credit …
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Egypt’s banking sector has delivered a strong performance in the first nine months of 2024, with banks collectively reporting over EGP 426 billion in net profits. This robust performance underscores …
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Banque du Caire, a leading Egyptian bank, has received approval from the Central Bank of Egypt (CBE) to increase its issued and paid-up capital by EGP 9 billion, bringing it …