Exchange rate semi-stable at CBE, banks on Wednesday
At banks on Wednesday, the US dollar changed hands at EGP 17-17.5…
Crédit Agricole collects $150m from clients since pound flotation
The bank does not intend to reconsider its interest rates on investment…
NBE saving certificates with 16%, 20% interest collect EGP 92bn
NBE offered $600m for imports since the flotation of the pound, says…
NBE receives EGP 15bn in new deposits in fortnight: chairperson
Banque Misr collected $400m during the first two weeks of the flotation,…
Foreign exchange outcome at banks exceeds $3bn over past 2 weeks: CBE sub-governor
Investment funds, international pension funds began investing in Egyptian government debt instruments
Despite high interest, banks attract only EGP 26bn of new funds into saving certificates
Investments in new saving certificates amount to EGP 135bn, 81% recycled from…
CIB increases spending limit on cards abroad for 3rd time
The Commercial International Bank (CIB) increased its spending limits on its cards…
EAB secures loans worth EGP 5.5bn to fund 800,000 plant production, agricultural crops projects: chairperson
We aim to finance participants in the 1.5m acres project to support…
Banque Misr finances 419,000 clients working in micro-enterprises, SMEs
The bank granted 30,400 loans under Mashrouak (Your Project) initiative worth EGP…
NBE provides EGP 27bn to 51,000 small, medium, micro-enterprises by end of October: chairperson
NBE provided EGP 5.2bn to more than 7,000 projects in 9 months…