Egypt banks see EGP 62bn increase in local currency deposits in May
NFA surplus with banks, CBE records about $5.3bn increase
CIB Egypt reserves hotel floor as quarantine for employees if needed
Bank adheres to state precautionary measures from the very beginning to prevent…
Finance Ministry to offer EGP 185bn worth T-bills, bonds in July
Move is to fill chronic budget deficit during Q1 of FY 2020/21
SCB chief reveals details of EGP 250m cash investment fund launch
New fund provides effective tool in cash management field, provides tax benefits,…
Banks in Egypt switch to IBAN standard to ease cross-border transactions
IBAN used in international transfers, standard method for accurate identification of bank…
CBE amends tourism worker support initiative
The article includes the payment of salaries for tourism sector workers for…
AMF prepares launch of international immediate payment service
The new service is the latest part of its "Beni" platform for…
CBE provides EGP 7bn guarantee for corporate financing
Initiative aims to benefit clients of industrial, agricultural, and contracting private sectors…
CBE confirms financial soundness of banks operating in Egypt
Banking sector’s financial position reaches EGP 6.165trn, capital adequacy ratio increases to…
Egypt to borrow EGP 600bn through T-bills, T-bonds in 3 months
Finance Ministry to issue EGP 499.5bn of T-bills, EGP 100.5bn of T-bonds…