Latest Banking News
Egyptian remittances score $10.4bn from July-November 2017: CBE
Egyptians' remittances recorded about $2.2bn in November 2017, compared to $2.1bn in…
CBE opens account to collect change from checks, remittances, directs them to development projects
CBE called on banks to transfer change to main account at end…
CBE warns against dealing in Bitcoin
Cryptocurrencies lack guarantee and official government support as opposed to official currencies:…
Local, foreign financial institutions offer to invest $1.054bn in USD T-Bills
Interest rate highest at 3.35%, lowest at 3.32%, averaging 3.346%
Banque Misr receives the Mohammed bin Rashid Award for Young Business Leaders
Bank injects EGP 2.2bn to fund 48,392 micro enterprises in 32 months
CBE offers treasury bills worth $7850m
Tender proceeds to cover previous tender on 10 January 2017 worth $888.8m
FX reserves end 2017 at record high of $37.02bn
Forex reserves increased by $333m, despite payment of $3.2bn to Afreximbank, says…
NBE aims to increase size of SME portfolio to EGP 100bn within 3 years
The bank offered SME loans worth about EGP 37.5bn to 55,000 customers
NBE, Agriculture Ministry cooperate to finance livestock projects
Bank injected EGP 1.2bn to fund 7,400 livestock, poultry, fishery development projects
HDB aims to open 20 new branches in 2018: El-Sebaey
Bank added 10 branches in 2017, targets 100 branches
