UBS UBSG.S, opens new tab on Monday said it will pay 300 million to settle outstanding obligations related to the misselling of mortgage-linked investments by Credit Suisse in the United States.
Emirates NBD Egypt, one of the largest banks operating in the Egyptian banking sector, announced a significant growth in its financial results ending June 2025, the banks net profit increased by 20 % achieving EGP 3 bn, compared to EGP 2.5 bn2.5 bn during the counter period in 2024.
In line with Egypts commitment to fostering cooperation with African counterparts across all sectors, the Central Bank of Egypt CBE welcomed a high-level delegation the Central Bank of Kenya CBK.
Temenos SIX: TEMN, a global leader in banking technology, today announced that MIDBANK has successfully gone live with Temenos, completing a full replacement of its legacy systems with Temenos core banking suite. This strategic transformation is part of MIDBANKs broader initiative to modernize its operations and deliver next-generation banking services to customers across Egypt
The Bank of Canada maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.
Contactnow and PayTabs Egypt Team Up to Make Digital Payments more Accessible Through BNPL SolutionsContact
As the only Egyptian bank fully operating in Kenya, CIB Kenya sponsored and participated in the 2025, Egypt National Day celebrations on the 23rd July 2025 at the Arab Republic of Egypt Embassy Residence in Nairobi.
The financial results achieved by QNB Egypt, a subsidiary of QNB Group, the largest financial institution in the Middle East and Africa, during the first six months ending 30 June 2025, demonstrate the Groups strong financial position and the success of its strategy, supporting the sustainable growth its business in the region.
In a new achievement that highlights its banking leadership in the region, QNB, the largest financial institution in the Middle East and Africa, was awarded the Strongest Arab Bank for 2025 by the Union of Arab Banks UAB.
The European Central Bank ECB announced at the conclusion of its July 2025 meeting that it would keep its key interest rates unchanged at 2.15%. The move was widely expected by markets and analysts, as the bank continues to assess the economic outlook and inflation dynamics across the eurozone.
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