Tag: banks

US dollar exchange records EGP 18.25 at banks on Thursday

The US dollar exchange rate against the Egyptian pound witnessed huge fluctuations…

Daily News Egypt

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…

Hossam Mounir

Egyptian pound continues to decline against US dollar at banks

The currency exchange is governed by supply and demand, says CBE and…

Hossam Mounir

Government should improve, otherwise it should quit: Free Egyptians Party head

The Free Egyptians Party supported the government’s decision to float the Egyptian…

Abdel Razek Al-Shuwekhi

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…

Mohamed Ayyad

Banks begin providing hard cash to import non-essential goods on Sunday

Banking sector financed import of food commodities, medicines, and production inputs worth…

Hossam Mounir

Banks secure $2.2bn to meet customers’ needs since pound flotation: cabinet

Banks have received $2.6bn as of Monday, says CBE governor

Mohamed Ayyad

US dollar price varies at banks, CBE on Tuesday

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

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