Latest Banking News
CBE fixes US dollar, ambiguity remains over 2 previous increases
US dollar stabilises at EGP 7.7301 after it rose 20 piasters in…
$422.9m Arab Bank Group’s net profit in first half of 2015
Loans and advances grew to reach $24.1bn, compared to $23.7bn on 30…
Market awaits US dollar’s trend at start of working week
Expectations of new rises in US currency’s price against Egyptian pound
Banque du Caire launches charity convoy for third consecutive year
Banque du Caire has continued its organisation of the charities convoy launched…
3 banks arrange syndicated loan of EGP 1.3bn for Evergrow
List includes AAIB, National Bank of Egypt and Abu Dhabi Islamic bank
United Bank of Egypt to grant 100 awards to MasterCard ‘Rakhaa’ users
The United Bank of Egypt plans to grant 100 awards to its…
WASME to hold annual conference in Cairo in September: Vice President
The World Association for Small and Medium Enterprises (WASME) has decided to…
EGP 597bn total local outstanding treasury bonds balances by June: Finance Ministry
$5.75bn in bonds were launched in international markets from September 2005 to…
EGP 12.246bn increase in banks’ deposits, EGP 16.8bn in loans last April: CBE
The CBE added that the household sector acquired EGP 75.9bn out of…
Dollar to officially jump to EGP 8.01: Dcode EFC
Widening gap between Egyptian, foreign inflation rates, decrease of Euro exchange rate…
