Latest Banking News
International conference on private sector to kick off in July
The conference will go by the name ‘What’s Holding Back the Private…
Private banks lift interest on deposits and savings accounts, keep savings certificates unchanged
NBE and BM decided on 12 June and 13 June to increase…
CBE launches new website
The new website is the first electronic index for supervisory instructions, says…
Egypt ranks first among Arab states in receiving remittances: UAB
Egypt received $19.7bn in remittances from its citizens working abroad in 2015,…
Bond yields for 5-year term jump by 0.82%
Ministry of Finance cancels 10-year term bonds initially planned to be issued…
Value of naira plummets after Nigeria ends dollar peg
In response to continued low oil prices, the Nigerian Central Bank floated…
Banque Misr raises interest rate by 1% on deposits, 0.75% on savings accounts
The interest rates increase on the higher deposits, depending on the segments…
Why India’s central banker is a matter of hot political debate
Raghuram Rajan, the acclaimed governor of the Reserve Bank of India, has…
NBE raises interest rate by 1% on savings accounts, 0.75% on deposits
Banque Misr may approve a limited increase of the interest rate on…
Cartel Capital promotes creation of electronic banking services platform in Middle East
Cartel Capital in the Middle East and North Africa will begin a…