Latest Banking News
Banks operating in Egypt spend EGP 882.9m in CSR during 1H 2022: CBE advisor
Banking sector is major supporter of all state-initiated social, development initiatives
CIB hosts workshop for Egypt’s textile leaders
CIB’s ‘Sustaining Sectors’ programme is part of Bank’s ongoing mission to promote…
CBE governor to review Egypt’s monetary policies in light of global developments
Review to take place during third session of Egyptian Economic Conference
IMF to reach Staff Level Agreement with Egypt very soon
Egypt's negotiations with the IMF over started in March. One of the stumbling…
IMF reaches Staff-Level Agreement with Tunisia on $1.9bn Extended Fund Facility
Tunisia reform program will improve tax equity by taking steps to bring…
Egypt’s external debt declined to $155.708bn by end of June: CBE
$129.089bn of the remaining debt is long-term debt and $26.619bn is short-term
Banks in Egypt set withdrawal limits on using ATM cards abroad to ease pressure on FX reserves
Steps comes after spotting manipulation practices
Banks looking to raise interest rates on USD certificates by Sunday
Recently, the NBE announced that it would adjust the interest rates on…
Domestic liquidity in Egyptian banking sector increases to EGP 6.808trn in August 2022: CBE
Volume of non-governmental bank deposits in local currency increased to EGP 5.128trn