Latest Banking News
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…
Bank Audi Egypt reveals major features of expansion plan in Egyptian market
We seek to double the bank’s market share in the next three…
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…