Latest Banking News
CBE to fix deposit, loan interest rates
Financial Policy Committee has fears over growth rates with the deflation of…
CIB acquires Citibank Egypt’s retail portfolio
Citibank’s individual clients amount to 600,000, with funding portfolio of EGP 1.7bn
Egyptian banking sector EGP 2tn in 2014: Fayed
Bank deposits increased 17%-20% over last three years, loans increased by 10%
HSBC dismisses employees, management in Egypt remains silent
According to a bank statement, 8,000 employees out of 48,000 employees who…
CBE agrees to cover 50% of foreigners’ money upheld in Egyptian market since 2013
There has been a crisis in upholding foreign traders’ money in the…
CBE continues pumping dollar liquidity to cover banks customers’ foreign currency demands
The CBE granted the banks $98.6 in an auction launched Sunday
Cash reserves fall by $1bn in May: CBE
Government works to attract investments of between $6bn-$8bn by the end of…
12 new United Bank branches in 18 months: Mohamed Ashmawi
United Bank branches will increase to 62, to cover all the governorates
CIB receives 5 international awards in 1H of 2015
There are abundant opportunities across Egyptian market, says Chairman