10 banks offer EGP 6bn syndicated loan to Etisalat Egypt
A banking alliance of 10 major banks signed a syndicated long-term loan…
Banks finance foreign trade operations worth $7.9bn since flotation until 14 December: CBE
This sum includes the repayment of letters of credit and documents of…
Banks provided financing worth EGP17bn to SMEs and micro enterprises in 9 months: CBE
The recent issuance of certificates has attracted new deposits from outside the…
30 international and local banks prepare to finance renewable energy projects with $3bn
All banks have agreed to lend to companies in the second phase…
US dollar exchange records EGP 18.25 at banks on Thursday
The US dollar exchange rate against the Egyptian pound witnessed huge fluctuations…
Credit facilities granted by banks to their clients in August increased by EGP 12.3bn: CBE
Private sector accounts for 59.4% of the total facilities, deposits increase by…
Egyptian pound continues to decline against US dollar at banks
The currency exchange is governed by supply and demand, says CBE and…
CBE allows banks to direct part of US dollar-denominated proceeds to cover temporary overdrafts on customer accounts
The Central Bank of Egypt (CBE) has allowed banks working in the…
Government should improve, otherwise it should quit: Free Egyptians Party head
The Free Egyptians Party supported the government’s decision to float the Egyptian…
Despite high interest, banks attract only EGP 26bn of new funds into saving certificates
Investments in new saving certificates amount to EGP 135bn, 81% recycled from…
