Egypt eyes EGP 647.5bn from T-bills, bonds issuances during 3Q 2020/21
Total of 52 T-bills bids worth EGP 463.5bn, 32 bids for bonds…
High solvency, liquidity enable Egypt banking sector to function successfully amid COVID-19: Central Bank
Banking sector has witnessed high financial stability in past years, allowing it…
National Bank of Egypt acquires 24% stake in Aman Financial Services for EGP 480m
National Bank of Egypt Chairperson Hisham Okasha said that this step is…
Portfolio investment flows to EMs to recover slowly in 2021: CBE
Egyptian economy contained reversal in portfolio investment flows thanks to its relatively…
Central Bank of Egypt extends measures to contain COVID-19 repercussions until June 2021
Extension reflects CBE’s keenness to protect national economy, preserve gains of reform
Buna conducts 1st intra-Arab transaction between Mashreq Bank, Banque Misr
The Arab Monetary Fund (AMF) has announced that its Buna payment platform…
NBE, Banque Misr cut monthly return on savings certificates by 1%
Both banks cancel savings certificates with quarterly return
ADCB reveals business strategy in Egyptian market during coming period
Bank aims to increase capital to comply with new banking law, expand…
Central Bank of Egypt targets average inflation rate at 7% (±2%) in Q4 of 2022
Central bank to continue using monetary policy tools to control inflation expectations,…
NBE leads banking alliance to provide EGP 2bn in financing to Oilex
The National Bank of Egypt (NBE) is leading an alliance of banks…