Latest Banking News
Only 2% of total individual payments paid electronically in Egypt
Electronic individual payments can increase by 20% in seven years if supported…
Standard Chartered plans job cull on third-quarter loss
Asia and Africa-focused British lender Standard Chartered has announced massive job cuts…
Banque du Caire increases branches, banking units to 231
Bank opened six new branches and banking units, plans to expand in…
CBE keeps interest on EGP in latest meeting of MPC in Ramez’s time
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…
Deutsche Bank cuts thousands of jobs as it posts historic loss
Germany's biggest lender has posted a historic loss as the bank continues…
CBE will discuss future of interest rate on EGP
According to analysts, MPC is highly expected to keep the major interest…
EGP 20.89bn in net profit in Egyptian market in June: CBE
Report shows results of different local and international operations throughout banks
Credit cards increase to 2.575 million by end of June: CBE
16.242m debit cards issued by banks operating in Egyptian market until mid-2015…
New CBE governor must balance between inflation, exchange rate, interest rates: Expert
The Egyptian pound will not rise because of a new governor, says…