Latest Banking News
EGP devaluation: did the market misunderstand Amer or was confusion intended?
Amer had ruled out devaluation of the Egyptian pound before exchange reserves…
Foreign investors conclude project agreements on EGP 12-13 dollar rate
Foreign companies seeking to invest in Egypt traded based on prices that…
Banque Du Caire allocates EGP 1.5bn to finance SMEs over 6 months: bank chairperson
SMEs define the future policy of the banking sector
CBE considers 4 scenarios for future of the Egyptian pound against the dollar
The CBE is awaiting the entrance of US dollar flows estimated at…
Bank loans to customers increase by EGP 13.2bn in April: CBE
Private sector received 74.8% of total loans
CBE stabilises US dollar exchange rate causing confusion in market
The higher inflation rate caused the CBE to postpone another devaluation of…
Experts forecast further devaluation of Egyptian pound: CFA Society Egypt
On 3 July, governor of the CBE Tarek Amer alluded to a…
Brexit negatively affects Egyptian remittances: UAB secretary general
Egypt had 29.8% of the total Arab remittances from Britain, says Fattouh
Will CBE devaluate the pound on Tuesday?
The market awaits the launch of the first post-Eid dollar tender to…
January 1899 saw the 1st Egyptian paper banknote, EGP 200 bill issued in April 2007
5 January 1899 saw the issuance of the first Egyptian paper banknote,…