Latest Banking News
Credit Agricole’s business strategy comes into line with Egypt’s objectives: Deputy Managing Director
Bank mainly directs financing toward sectors that Egypt seeks to develop, is…
Crédit Agricole Egypt inaugurates new branch in Palm Strip Mall
CAE selected the new branch’s location after conducting a geo-market study to…
USD/EGP average exchange barely moves to EGP 18.27 for purchase, EGP 18.37 for sale
USD price at CBE rises to EGP 18.25 for purchase, EGP 18.39…
ITS discusses regulatory framework for cybersecurity in banking sector
The conference also discussed ways of cooperating with banks to provide all…
Local institutions, banks launch ‘Avans Manara’ fund for direct investment, targeting EGP 2bn volume
Fund’s issued capital amount to EGP 905m
ABE announces increase in agricultural credit categories by 25%
Bank pumps nearly EGP 12bn to finance agricultural loans from mid-June 2020…
CBE launches several initiatives for women’s financial inclusion, empowerment since 2016
It also provided women with the necessary funding to help them implement…
CBE raises interest rate by 1% in exceptional meeting, Egyptian pound declines significantly
The CBE believes in the importance of exchange rate resilience to absorb…
US dollar exchange increases EGP 1.75 against backdrop of interest rise
Greenback records EGP 17.4 for purchase and EGP 17.5 for sale at…
NBE, Banque Misr offer one-year 18% saving certificates
Yehia Abou El-Fotouh, Vice Chairperson of the NBE, said the bank’s new…