Tag: banks

US dollar price varies at banks, CBE on Tuesday

Bankers expect the greenback to change hands at EGP 15-16 for three…

Hossam Mounir Hossam Mounir

US dollar continues to fall on Monday, recording EGP 15.25-15.32 in official market

The price of the US dollar against the Egyptian pound continued to…

Mohamed Ayyad Mohamed Ayyad

Market sees high sales volume of dollars, new saving certificates at banks in 2nd week since flotation

The amount of dollars Banque du Caire received in one day is…

Hossam Mounir Hossam Mounir

Large portion of dollars in banks since Monday come from customers switching saving schemes to Egyptian pounds: prominent banker

High expectations that foreign currency deposits will decrease while Egyptian pound deposits…

Hossam Mounir Hossam Mounir

Heads of banks explain Arab, foreign banks’ attraction to Egyptian market

Egypt is a promising market and has very few bank accounts compared…

Hossam Mounir Hossam Mounir

Egypt Post increases interest rate on savings accounts to 10.25%

Total value of deposits and invested money in Egypt Post amounts to…

Mohamed Alaa El-Din Mohamed Alaa El-Din

CBE instructs banks in some areas to remain closed on 11 November

The CBE’s measure comes as a precaution for violence that may occur…

Hossam Mounir Hossam Mounir

Banks pose new restrictions to confront saving certificates leveraging scheme

A number of banks in Egypt have developed new restrictions for granting…

Hossam Mounir Hossam Mounir