Latest Banking News
US dollar price falls even further at CBE, banks while EGX profits EGP 9.3bn
The price of the US dollar dropped below EGP 16, with expectations…
Large number of Arab, foreign banks in Egypt reflects country’s regional and international position: experts
Arab and foreign banks are more likely to make high profits in…
15 Arab banks, 7 joint Egyptian-Arab banks operating in Egyptian market
NBAD is one of the first Arab banks to begin operating in…
What do leaders of Arab banks in Egypt say about the Egyptian market?
Reports by global institutions stress that Egypt has made noticeable progress over…
Heads of banks explain Arab, foreign banks’ attraction to Egyptian market
Egypt is a promising market and has very few bank accounts compared…
UBF to host 4th Middle East Banking Forum on Monday
The forum is held in cooperation with Financial Times Live, The Banker,…
Blom Bank enters asset management sector through ‘Blom Egypt for Financial Investments’
The bank works to complete the procedures for establishing the new company…
Egypt Post increases interest rate on savings accounts to 10.25%
Total value of deposits and invested money in Egypt Post amounts to…
Federation of Egyptian Banks to meet Sunday in presence of CBE governor
The meeting is planned to discuss the most significant issues in the…
CBE concludes financing deal worth $2bn from international banks
The transaction bolsters the liquidity and amount of the foreign currency reserves,…