Cabinet reveals plan to borrow EGP 291.25bn from banks in next 3 months
Ministry of Finance reduces term of loans to five-year maximum, cancels seven…
Banks must adhere to risk management system: CBE
Banking is most supported sector following 2011 revolution, owing to banking reform…
Banks to receive 1.5-4.75% commission in return for fixed exchange rate for foreign investment
This mechanism allows foreigners to contract with banks on a specific exchange…
CBE reduces term of executive officials in banks to 9 years
The Central Bank of Egypt (CBE) issued on Thursday a decree to…
CBE provides banks with $104.5m, sets US dollar price at EGP 8.78
On Tuesday, the official dollar price in banks was EGP 8.83 for…
Banks granted EGP 1bn for youth-run SMEs with “Your Project” programme
Minister of Military Production Mohamed Al-Assar said the ministry plays a large…
CBE finances purchase of housing for low-income earners with discounted yearly rate
Bank amends mortgage finance initiative, introduces another category of youth
CBE decides to defer tourism sector debts to banks for 3 years
CBE will create unit to contribute to restructure the debts of tourism…
Banks claim sufficient liquidity, technical expertise to finance Suez Canal projects
SCA reveals need to establish 42 investment projects in region, with financing…
