Latest Banking News
UK’s growth to decrease 0.5% in 2016 following Brexit: FocusEconomics
The FocusEconomics consensus expects the UK economy to grow 0.3% in 2017
Deutsche Bank, Santander fail US stress test
Deutsche Bank, Santander have repeatedly failed the test in the wake of…
CBE governor claims report on IMF loan was incorrect
Reuters reported on Monday that Egypt is negotiating a loan worth $5bn;…
Court’s suspension of CBE’s decision to limit tenure of bank heads step towards revoking it: El-Sherif Law Firm founder
On Sunday, an Administrative Court decided to suspend the CBE decision that…
Court suspends CBE’s decision to limit tenure of bank heads to 9 years
Tarek Amer, the CBE’s governor, issued a decision at the end of…
United Bank provides an attractive avenue for Gulf, foreign banks to enter Egyptian market: chairperson
Daily News Egypt sits down with Ashraf Al-Kady in his first interview…
United Bank to launch ‘Egara’ financing system for real estate in regular and Islamic systems: chairperson
In the Egara system, residential units are owned by the bank until…
Banks keep ignoring CBE’s interest increase
Limited changes seen at NBE, Banque Misr, Banque Du Caire, and IDBE,…
UAE Exchange offers same-day cash pickup facility to customers in Egypt
Payment solution firm extends relationship with ALEXBANK to improve customer service and…
ETTA extends deadline for banks’ complaints to Tuesday
Tourism income dropped to $6.1billion in 2015, compared to $7.3bn during 2014
