Tag: bank

Hacker’s spelling slip foils billion-dollar bank heist

Last month, hackers plundered the accounts of Bangladesh's central bank, making off…

Deutsche Welle Deutsche Welle

Barclays intends to exit Egyptian market after 150 years of presence

Global Barclays Group decided to exit from the Egyptian market after about…

Hossam Mounir Hossam Mounir

Banks record EGP 8.2bn increase in deposits in November: CBE

Banks also saw a EGP 2.3bn increase in loans during the same…

Hossam Mounir Hossam Mounir

Egyptian banks unconcerned with Africa

Limited banking operations mostly in public banks, in Sudan, Uganda, Ethiopia, Libya

Hossam Mounir Hossam Mounir

Further pound devaluation expected: Investment bank analysts

US dollar projected to strengthen to EGP 9.5, leading formal and informal…

Sara Aggour Sara Aggour

CBE restructures investing money in banks

Shrinking bank investment in investment funds, lowering maximum level of loans’ amounts…

Hossam Mounir Hossam Mounir

PTA Bank studies financing green-field project in Egypt

The bank recorded a loans portfolio of $2.6bn for projects in Africa…

Shaimaa Al-Aees Shaimaa Al-Aees

EGP 1.8bn increase in Barclays Egypt bank loans in 9 months

Clients’ loans in Barclays Egypt increased by EGP 1.8bn during the first…

Daily News Egypt Daily News Egypt

China announces further stimulus amid slump

The People's Bank of China has cut interest rates for the sixth…

Deutsche Welle Deutsche Welle