Latest Banking News
CBE to meet 8 times in 2017 to determine future of Egyptian pound’s interest rate
Direction of interest rate depends on inflation and government strategy, say analysts
United Bank calls on parliament to lift immunity off Khaled Beshr to collect debt worth EGP 32m
The United Bank requested the Egyptian House of Representatives to lift immunity…
United Bank of Egypt appoints Nevine Kashmiri as assistant managing director of funding large enterprises, SMEs
I am currently restructuring the funding department in accordance with newest international…
United Bank adopts strong expansion plan throughout 2017, despite bank sale discussions
We are serious in providing banking and technical support for SMEs, says…
CBE prints EGP 200m worth of EGP 1, EGP 0.5 banknotes
The bank said in a statement on Thursday that it has printed…
Largest 10 banks acquired 72.11% of total deposits until September 2016: CBE
The share of the largest five banks of total deposits reaches 58.9%;…
HDB conducting public lottery for social housing land in January 2017
The Housing & Development Bank is currently conducting a lottery for social…
Banque du Caire to inject EGP 1bn across various economic sectors in 2017
Sectors include transportation, logistics, construction, industry, food, and commodities
QNB Al-Ahli cooperates with VISA to promote electronic payments
The bank is preparing to launch mVISA service for the first time…