Latest Banking News
GCC States approaching towards tax reforms: Deloitte
Saudi Arabia is committed to BEPS initiative and OECD action plan
CBE postpones decision regarding EGP interest rate to negotiate with coordination council
The Monetary Policy Committee (MPC) meeting took three hours Thursday and ended…
International foreign reserves ends in 2015 with a slight increase
CBE's international foreign reserves increase by $23m at the end of December
11.6% increase in assets of Egyptian banking sector during first 9 months of 2015: UAB
Regulatory actions taken by CBE s capable of protecting Egyptian banking sector…
Housing and Development Bank opens its 64th branch
The bank will begin applying the new Core Banking system and offer…
Pound lost 9% of its value against dollar in 2015, retreat to contine in 2016
The dollar’s value rose from EGP 7.18 in January to EGP 7.83…
NBE arranges loans for electricity sector worth EGP 39.4 in five years
The bank intends to support the national economy by funding national projects
The Role of Institutional Investors in the Egyptian Capital Market
Over the years, enforcement activity has grown and in 2014, the exchange…
CBE to raise interest rate by 50 bps
In its meeting held on Thursday, the Monetary Policy Committee (MPC) of…
CBE pumped $8.3bn to cover imports between 29 October and 12 December: Amer
The Central Bank of Egypt (CBE) has pumped $8.3bn between 29 October…