Latest Banking News
Cooperation is conditional for obtaining dollars: CBE to banks
Amer's latest regulations for dollar availability act as a warning to uncommitted…
CBE sets new regulations for dollar auctions
Banks acquisition of dollars is dependent on their efficiency in providing foreign…
CBE issues exceptional offer to pump dollars in banks to meet import needs
Tarek Amer met with President Abdel Fattah Al-Sisi Wednesday to present his…
Banking sector rejects value-added tax, seeks CBE’s assistance
Sources believe Amer is likely to agree to Federation of Egyptian Banks…
6 banks exempted from applying maximum wage
Six other banks await a judicial ruling for exemption
CBE to inject $1bn after new governor officially takes office
Last week CBE issued $1bn as part of bank’s plan to flood…
NBK-Egypt reports 62.9% YoY increase in profits
The bank recorded EGP 445.6m net profits for the first nine months…
ABK-Egypt targets increasing capital to EGP 1bn in 2016
The bank is playing a large role in facilitating financial flows from…
Tourism sector awaits bank approvals to grant dollar loans for replacing, renewing building operations
Loans to be received in pounds and repaid in dollars; we are…
Recommendations given to new CBE governor in community dialogue
PwC and N Gage Consulting organised the workshop