Latest Banking News
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
CBE controls importers’ manipulations
Banks activate automated “Model 4” to determine real importing demands
NBE donated EGP 930m in last 5 years: Hisham Okasha
National Bank of Egypt offered EGP 210m to develop slums and fight…
CBE to investigate future of interest rates
The market expects MPC to fix both loan and deposit rates
Mechanisation of public wages to stimulate economy: Visa Egypt director
Around 6.5 public employees will be offered this service
