Latest Banking News
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…
Absence of coordinating council in decision to increase interest rates
The CBE’s accompanying report on the decision was issued without Al-Mashat’s signature…
Strong expectations about pound devaluation by CBE after raising interest rates
Analysts warn about the negative impact on inflation rate if the step…
Increasing interest rates: controlling inflation or increasing deficit and debt burden?
The government’s current debt is projected to reach 11.5% (EGP 309bn) in…
Banks to hold meetings on Sunday on the fate of interest rates following CBE decision
Banks will watch the decision’s impact’s yield on treasury bills and bonds…