Banking system receives $54bn since pound flotation in November 2016
Proceeds are distributed as $25bn funding, $9bn government debt instruments investments, $20bn…
CBE completes new Banking Law draft, sends it to FEB for review
Foreign exchange shortage is over as Egypt collected $45bn since flotation, says…
Aman for electronic payments aims to expand solutions to banking and financial sector in 2017
Raya expects a leap in payments via mobile phone services mid-month
Banking sector to rise up for supporting SMEs
EGP 101bn finances granted from banks to this sector so far, says…
HDB awaits CBE approval to separate real estate activity from banking business
We aim at becoming a commercial bank practicing banking business only and…
Reform measures taken in 2016 to positively reflect on performance of economy, banks in 2017: El-Damaty
Payment of temporary facilities obtained by customers in foreign currency is the…
CBE prints EGP 200m worth of EGP 1, EGP 0.5 banknotes
The bank said in a statement on Thursday that it has printed…
Largest 10 banks acquired 72.11% of total deposits until September 2016: CBE
The share of the largest five banks of total deposits reaches 58.9%;…
Banque Misr records EGP 5bn increase in banking portfolio during last FY
The bank spent more than EGP 40bn on salaries transferred from public…
I expect stability in the foreign exchange market by early 2017: prominent banker
No state in the world has entirely floated its currency without facing…