Latest Banking News
Will Amer change Ramez’s monetary policy and exchange market management?
Analysts expect the new governor to amend some of Ramez's decisions
China announces further stimulus amid slump
The People's Bank of China has cut interest rates for the sixth…
I requested to leave CBE 3 months ago: Ramez
Former governor of the Central Bank of Egypt (CBE) Hisham Ramez said…
CBE fixes dollar price against pound in first tender after Ramez’s resignation
The CBE offered a third tender to sell dollars to banks operating…
French bank fined for violating US sanctions
French bank Credit Agricole has reportedly made a deal with US investigators…
Dollar stabilises after increasing by 20 piasters in 2 days
Market awaits CBE's next step; analysts believe July's stability will be repeated
Major shake-up at troubled Deutsche Bank
Just ten days after warning of huge upcoming losses, Germany's largest lender,…
Deutsche Bank plans sweeping restructure
German lending giant Deutsche Bank has announced a top-level streamlining of its…
Dollar price to break EGP 8 barrier in banks for first time
Price reaches EGP 8.40 in black market, which is in complete paralysis…
Pound depreciation has limited impact on budget deficit: Economists
Government forecasts on the deficit will not be achieved and will jump…
