Latest Banking News
HDB opens new branch, adopts tourism promotion initiative
Chairman of the Housing and Development Bank (HDB) Fathy El-Sebai recently inaugurated…
Cisco to build NBE’s modern generation of secured data centres
The National Bank of Egypt (NBE) employed the international telecommunication company Cisco…
EGP 1.8bn increase in Barclays Egypt bank loans in 9 months
Clients’ loans in Barclays Egypt increased by EGP 1.8bn during the first…
CBE postpones decision regarding EGP interest rate to negotiate with coordination council
The Monetary Policy Committee’s (MPC) meeting took three hours Thursday and ended…
Local, international institutions offer to invest $1.5bn in Egyptian treasury bills
The CBE accepted $1.1637bn of this liquidity
Monetary policy coordinating council to hold first meeting at cabinet Thursday
The council will discuss the future of interest rates on the pound…
Bank Audi Egypt brings $347m to the Egyptian market
Bank Audi Egypt succeeded in bringing $357m to the Egyptian market, bank…
United Bank of Egypt receives award for money transfers
The award was presented by Regional CEO of Standard Chartered Bank Ahmad…
Banks seek to learn from Italy on SME field trip
Participants aim to become acquainted with the basics of international practice in…
Will CBE succeed in pushing banks to increase dollar resources?
Banks made large profits; it is time to pay part of these…