Latest Banking News
Government banks issue CDs to domestic market in US dollar
NBE, Banque Misr, Banque du Caire will offer three-year CD to Egyptians…
CBE removes caps on foreign currency deposits, withdrawals for individuals
The central bank has issued new regulations to fund acquisitions
CBE Governor denies he was dismissed after accepting post at IMF
The revaluation of the US dollar exchange against the Egyptian pound in…
CI Capital, Beltone eye acquisition of electronic brokerage company
Sawiris applies to establish a €50m bank for SMEs in Luxembourg
Integration of Arab Banking Practices among concerns at Annual Arab Banking Conference
Despite apparent benefits, financial inclusion faces continued setbacks, says Fattouh
CBE sells banks $500m to insure strategic imports of food commodities and medicine
The CBE conducted the sale at an exchange rate of EGP 7.73…
As accusations mount, bankers deny overlooking contracting sector
NBE directs approximately EGP 34bn to this sector, or 15% of the…
Faisal Islamic Bank of Egypt to focus on MSMEs in new lending policy
The bank has presented a plan to the CBE to increase the…
Banks submit SME loan programmes to CBE
The CBE's January announcement mandated that banks must direct a minimum of…
AAIB arranges EGP 2.5bn syndicated loan for Holding Company for Food Industries
Bank attracts EGP 25bn new deposits during first nine months of 2015