CIB launches Egypt’s first private Mastercard World Elite Metal credit card – Dailynewsegypt
Commercial International Bank (CIB), Egypt’s leading private-sector bank, has partnered with Mastercard, a global technology company in the payments industry, to introduce the exclusive CIB Private Mastercard World Elite Metal Credit Card. This invitation-only card is designed for CIB’s high-net-worth
FABMISR appoints new Internal Sharia Supervisory Committee for Islamic banking services
FABMISR, one of Egypt’s largest banks, is pleased to announce the appointment of a new Internal Sharia Supervisory Committee (ISSC). This committee will oversee and regulate the implementation of Islamic banking services within FABMISR’s extensive portfolio. The move reflects FABMISR’s
Financial position of banks operating in Egypt surges to EGP 17.8trn in Q1 2024: CBE
The Central Bank of Egypt (CBE) recently disclosed a substantial increase in the aggregate financial position of banks operating within the local market (excluding the CBE itself). As of March 2024, this position reached EGP 17.896trn, compared to EGP 14.2trn
Financial position of banks in Egypt increases to EGP 15.429trn in February 2024: CBE – Dailynewsegypt
Customer deposits in banks jump to EGP 10.617trn, credit facilities rise to EGP 5.783trn
What did CBE do to reduce and stabilise prices? – Dailynewsegypt
CBE plays defining role in stabilising markets, lowering prices, and curbing inflation
HSBC named Egypt’s Best Bank for Diversity, Inclusion by Euromoney – Dailynewsegypt
HSBC has earned the prestigious title of Best Bank for Diversity and Inclusion in Egypt at the Euromoney Awards for Excellence 2024. This accolade is a testament to HSBC’s commitment to diversity and inclusion, further complemented by a slew of
Advancements in ESG standards integration within banking sector: CBE’s Sub Governor – Dailynewsegypt
CBE’s inclusion in Network for Greening Financial System: Testament to banking sector’s role in fostering green economy
CBE welcomes Kenyan delegation to discuss instant payment innovations – Dailynewsegypt
In a move that underscores Egypt’s dedication to fostering cooperation with African nations, the Central Bank of Egypt (CBE) recently hosted a delegation from the Central Bank of Kenya (CBK). This visit was part of a broader initiative to share
Banque du Caire reports 129% net profit growth in Q1 2024, reaching EGP 2.4bn – Dailynewsegypt
Banque du Caire achieved remarkable growth in net profits during the first quarter of 2024, recording a substantial increase of approximately 129%. The net profit for Q1 2024 reached EGP 2.4bn, compared to EGP 1bn in the same period of
