Latest Banking News
What do leaders of Arab banks in Egypt say about the Egyptian market?
Reports by global institutions stress that Egypt has made noticeable progress over…
Heads of banks explain Arab, foreign banks’ attraction to Egyptian market
Egypt is a promising market and has very few bank accounts compared…
UBF to host 4th Middle East Banking Forum on Monday
The forum is held in cooperation with Financial Times Live, The Banker,…
Blom Bank enters asset management sector through ‘Blom Egypt for Financial Investments’
The bank works to complete the procedures for establishing the new company…
Egypt Post increases interest rate on savings accounts to 10.25%
Total value of deposits and invested money in Egypt Post amounts to…
Federation of Egyptian Banks to meet Sunday in presence of CBE governor
The meeting is planned to discuss the most significant issues in the…
CBE concludes financing deal worth $2bn from international banks
The transaction bolsters the liquidity and amount of the foreign currency reserves,…
CBE instructs banks in some areas to remain closed on 11 November
The CBE’s measure comes as a precaution for violence that may occur…
Egyptian remittances at Banque Misr, NBE, Banque du Caire increase to as high as 35%
Leaders of the National Bank of Egypt and Banque Misr revealed that…
Banks pose new restrictions to confront saving certificates leveraging scheme
A number of banks in Egypt have developed new restrictions for granting…