Latest Banking News
Household sector acquires 62.68% of total deposits in banks in March
Household sector adds about $2.8bn to its foreign exchange deposits, increases its…
Increase in interest rate threatens ability to attract investments, wastes opportunities
The deflationary policy will increase inflation and production costs will climb, says…
Industrial sector acquires 28% of bank loans in March
Most loans in the banking sector worldwide are granted to the industrial…
CBE raises interest rate to its record high in 11 years
This increase boosts the CBE's deposit rate to 11.75% and lending to…
Ambiguity mars CBE’s next move on EGP interest rates
The Central Bank of Egypt faces difficulty on inflation hike of more…
NBE secures EGP 30m of loans for Taba and Nuweiba resorts: member of Nuweiba-Taba Investors Association
NBE secures EGP 30m of loans for Taba and Nuweiba resorts: member…
Treasury bond balance increases by EGP 2.02bn at end of May: Finance Ministry
These bonds were put forward from 12 February 2008 until 26 April…
CBE sells $120m to banks to release imported intermediate goods stuck in customs
El-Menilawy added that the CBE on Tuesday morning had asked the departments…
TBEA China awaits response from Electricity Ministry to complete loan of $500m from the Export-Import Bank of China
Offer expires after two months
Egyptian Banking Institute organises visits to India, Hungary to learn about SME financing
The purpose of the visit to Hungary was to meet heads of…