Tag: Banking

IMF loan best solution for Egypt at the moment: banking leaders

Egypt needs this particular loan in light of the suffering economy, says…

Hossam Mounir Hossam Mounir

Foreign cash flow must be transferred to banking sector via EGX due to US dollar crisis

Recent amendments aim to keep up with the economic conditions and not…

Mohamed Ahmed Mohamed Ahmed

UAB reviews banking risks in de-Risking Forum 

The Union of Arab Banks (UAB) will hold a de-Risking Forum entitled…

Hossam Mounir Hossam Mounir

Italian banks battered after ECB warns MPS about bad loans

The financial crisis is coming back to roost in Italy after warnings…

Deutsche Welle Deutsche Welle

Banking sector provides $33.7bn to cover needs of state, importers in 7 months: CBE’s Governor

Amer demonstrates with Al-Sisi the CBE’s efforts to support foreign exchange reserves…

Hossam Mounir Hossam Mounir

Despite insecurity, the banking sector remains stable: Moody’s

Moody’s did not upgrade Egypt’s credit rating, but gave a positive outlook…

Nicholas Mehling Nicholas Mehling

Banking expert warns against further EGP devaluation, unless CBE is prepared

The CBE should have enough dollar liquidity to control the market, otherwise…

Hossam Mounir Hossam Mounir

Banking representatives gather in Khartoum for financial inclusion forum

Funding provided to SMEs, risk management departments, inclusive technology among forum's principal…

Hossam Mounir Hossam Mounir

As accusations mount, bankers deny overlooking contracting sector

NBE directs approximately EGP 34bn to this sector, or 15% of the…

Hossam Mounir Hossam Mounir

CIB-Egypt launches innovative digital products, aims to attract more new customers during 2016

CIB puts simple conditions on opening accounts for youth to attract them…

Hossam Mounir Hossam Mounir