Latest Banking News
ABE, SMEDA sign EGP 40m deal to finance women projects
60% of deal's value allocated to women below poverty line
Local, foreign financial institutions offer $1.213bn investments in Egyptian T-bills
Highest interest in tender amounted to 3.30%, lowest recorded 3.25%, with average…
Services sector 2nd largest beneficiary of bank loans: CBE
Private sector received 61.8% of banks’ total credit facilities by end-October 2017
AAIB co-finances largest solar energy project in ME in Aswan
The Arab African International Bank (AAIB) has successfully contributed to financing the…
CBE approves establishment of Banque du Caire’s leasing company with EGP 100m paid-up capital
Company will contribute to a better future for bank's investment, financing plans:…
Loans up by EGP 10bn, deposits increase by EGP 42bn in October 2017: CBE
Total financial position of banks in Egypt scores EGP 4.795tn
Will CBE cut interest rates on Thursday?
Amer hinted at imminent cuts, but linked them to curbing inflation first
Global stock markets crisis will not affect Egypt’s bonds issuance: CBE
An official source at the Central Bank of Egypt (CBE) said that…
CBE governor reveals secret of FX reserves hike in January 2018
CBE, banks proceeds amount to $5.6bn in January, Paris Club premiums down…
Foreign reserves hit record high of $38.21bn at end-January 2018
Volume of foreign currency liquidity up $1.036bn, gold up $135m, says CBE