Latest Banking News
Non-performing loans fall to 5.9% as of end of June: CBE
Private sector accounts for 70.6% of total loans provided by banks to…
14 banks inject EGP 4.1bn to finance low- and middle-income housing until end of October: Head of Mortgage Finance Fund
Financial leasing activity amounts to EGP 15bn during the first nine months…
CBE fixes pound’s price against US dollar on Tuesday, market still awaiting devaluation
Possibility of launching exceptional auction completed ruled out for now, as the…
Banque Du Caire finances purchase of 7,317 residential units within CBE real estate financing initiative
Banque Du Caire purchased 7,317 residential units for low and middle-income segments…
Bankers rule out floating Egyptian pound before making official request to borrow from IMF
Fund officials say that a flexible exchange rate for the Egyptian pound…
Banque du Caire’s share in joint loans during H1 of 2016 amounts to EGP 8bn: chairperson
The bank is keen to take part in financing different economic sectors…
Government plans to borrow EGP 324.5bn in Q2 of FY 2016/2017
Launch of treasury bills tenders for EGP 300.25bn, bonds worth EGP 24.25bn…
CBE concludes week without changing pound’s price, contrary to market expectations
Market expectations inclined towards floating the exchange rate or reducing the value…
CBE ends week without changing price of the Egyptian pound
The Central Bank of Egypt also did not hold an exceptional auction…
Tantawy appointed board member in EGX, in succession of El Dib
Tantawy will represent the FEB on the board of directors of the…