Latest Banking News
CBE studies creating guideline directory for micro-finance
The Central Bank of Egypt (CBE) is currently studying creating a guideline…
Number of banking consumers in Egypt does not exceed 11 million: El-Etreby
The number of banking consumers in Egypt ranges between 10 million to…
CBE to discuss future prices of basic interest rates
Unlikely for CBE to raise its interest rates on the pound, according…
Bank Audi-Egypt considers granting loans worth more than EGP 7bn: Fayed
Plans to increase bank's share in Egyptian market and open 7 new…
Banque Misr completes requirement steps of FATCA
The bank added that its branches in both the UAE and France…
Will banks fund state budget deficit or development projects?
The CBE could help banks do both if provided with sufficient liquidity,…
Banks are ready to finance development projects: Metwally
Optimism about future is based on existence of determined administration to change…
Global Lease in talks with 4 banks to acquire EGP 600m: Managing Director
Plans to double issued capital to EGP 100m by H1 of 2016
Investment returns in Egypt is among highest worldwide: ABC-Egypt CEO
Egyptian economy is on the right track, invest now before you miss…
CBE’s policies limiting hard currency cash deposits leads to disaster: Exporters, importers
There is large exit for local investments from market because of production…
