Latest Banking News
CBE reprints EGP 1 banknotes to face small change shortage
The new EGP 1 banknotes will be signed by Governor of the…
Banks prepare to receive donations from citizens for charities at beginning of Ramadan
Dozens of organisations will receive donations, such as the Misr El Kheir…
Barclays continues to implement its expansion plan in Egypt despite bank’s sale: finance director
The plan includes five pillars, the most important of which is the…
$510m increase in Egypt’s foreign exchange reserves in May: CBE
The Central Bank of Egypt (CBE) announced that foreign reserves increased by…
IMF hires CBE deputy governor to pen fiscal, monetary policies for emerging nations
Rania Al-Mashat will assume her duties in early August
CBE receives banks’ proposals to amend Banking Law
The CBE’s legal department should compile suggestions and form a committee for…
CBE sets new regulations for marketing banking products at gatherings, conferences
The CBE’s approval is required for delegates to market their products, says…
NBE aims to increase size of SMEs portfolio by 20% by end of next June: deputy chairperson
The bank follows a special philosophy in dealing with these enterprises based…
Barclays rules out financing SMEs during current period
We want to have a good position in financing SMEs first, we…
El-Salawy appointed as CEO of ABK Egypt
El-Salawy was the deputy chief executive officer at the Union National Bank…