Egypt ranks first among Arab states in receiving remittances: UAB
Egypt received $19.7bn in remittances from its citizens working abroad in 2015,…
Bond yields for 5-year term jump by 0.82%
Ministry of Finance cancels 10-year term bonds initially planned to be issued…
Banque Misr raises interest rate by 1% on deposits, 0.75% on savings accounts
The interest rates increase on the higher deposits, depending on the segments…
NBE raises interest rate by 1% on savings accounts, 0.75% on deposits
Banque Misr may approve a limited increase of the interest rate on…
Absence of coordinating council in decision to increase interest rates
The CBE’s accompanying report on the decision was issued without Al-Mashat’s signature…
Strong expectations about pound devaluation by CBE after raising interest rates
Analysts warn about the negative impact on inflation rate if the step…
Banks to hold meetings on Sunday on the fate of interest rates following CBE decision
Banks will watch the decision’s impact’s yield on treasury bills and bonds…
Household sector acquires 62.68% of total deposits in banks in March
Household sector adds about $2.8bn to its foreign exchange deposits, increases its…
Industrial sector acquires 28% of bank loans in March
Most loans in the banking sector worldwide are granted to the industrial…
CBE raises interest rate to its record high in 11 years
This increase boosts the CBE's deposit rate to 11.75% and lending to…