Latest Banking News
World Bank approves second tranche as Egyptian pound falls, US dollar nears EGP 20
EGX hits record high on expense of the Egyptian pound
US dollar surpasses EGP 19 at CBE to hit highest rates since flotation
The US dollar price at the Central Bank of Egypt (CBE) and…
Housing and Development Bank-Egypt goes live on Temenos Core banking system
Temenos, the software specialist for banking and finance, announced on Sunday that…
Banque Misr finances import of basic, non-basic goods by $1.37bn since flotation: chairperson
Amount of collected US dollars amounted to $850m from clients, while new…
Lack of investment opportunities straining Egyptian banks
The liquidity of the pound has increased by EGP 64bn since the…
CBE issues new regulations for mobile payment services
New regulations and procedures constitute a new approach in the banking sector…
US dollar registers new peak, jumps to EGP 19 at HSBC
The US dollar price jumped against the Egyptian pound to register its…
Banks provided financing worth EGP17bn to SMEs and micro enterprises in 9 months: CBE
The recent issuance of certificates has attracted new deposits from outside the…
US dollar exceeds EGP 18 at CBE for first time since flotation
Analysts play down impact of recent terrorist events on future of the…