CBE restructures investing money in banks
Shrinking bank investment in investment funds, lowering maximum level of loans’ amounts…
CBE controls bank operations by applying sticker obligations
CBE prohibits Egyptian banks from offering retail loans with monthly instalments that…
Local, international institutions offer to invest $1.168bn in treasury bills
The bills’ interest rate saw a 40 points increase compared to CBE’s…
ADIB Egypt redistributes its network across Egypt by opening 8 new branches
Redistributing branches gives the bank a better chance to serve the Egyptian…
CBE launches programme to fund 350,000 SMEs for EGP 200bn in 4 years
Companies with annual revenues between EGP 1m and EGP 20m will receive…
CBE approves IDBE’s listing as accredited consulting firm
The list of accredited consulting firms at CBE includes 81 institutions, among…
CBE awaits first segment of World Bank loan to support foreign reserves
Foreign reserves are facing major challenges by the beginning of 2016; repaying…
Egypt received first $500m portion of loan from AfDB: Amer
The CBE awaits the first portion of the loan agreed upon with…
Coordinating Council to discuss raising foreign deposit limit for companies
During its extraordinary meeting, council will review programme to support economy that…
Bank Audi Egypt plans to pump EGP 8bn into different economic sectors in 2016
The bank is set to sign a loan agreement with the EBRD…