Tag: banks

Banks introduce restrictions on dollar use abroad

Banks have the right to limit dollar use, in light of the…

Hossam Mounir

We will not put depositors’ money at risk by investing in stock market: Banks

Foreign banks prevent branches from investing in stock market, Egyptian banks resort…

Hossam Mounir

Al Ahly Capital presents written expression of interest for CI-Capital

CIB clarified that the expression of interest did not include a non-binding…

Daily News Egypt

CBE regulations on retail bank loans expected to boost car payments through direct instalments

Customers will escape from banking restrictions, says Honourary Chairman of AMIC

Ahmed Amer

CBE demands that banks tighten security measures around their offices on 25 January

Falcon deploys fast intervention cars around institutions it secures to support its…

Hossam Mounir

Banks race to implement CBE’s programme for funding SMEs

Both Banque Misr and the Industrial Development and Workers Bank of Egypt…

Hossam Mounir

EGP 29.3bn increase in bank deposits, EGP 10.8bn increase in loans in October 2015: CBE

Household sector acquires 77.6% of deposits in the local currency and 63.2%…

Hossam Mounir

Bank’s proposals published to break deadlock of CBE’s retail banking regulations

Banks request CBE not to impose these regulations on all customers and…

Hossam Mounir

CBE’s new lending regulations are credit positive for banks: Moody’s

Egypt’s Higher SME Lending Quota Supports Economy but threatens Banks’ Asset Quality

Daily News Egypt

CBE postpones decision regarding EGP interest rate to negotiate with coordination council

The Monetary Policy Committee (MPC) meeting took three hours Thursday and ended…

Hossam Mounir