Tag: banks

Banks adopt strict measures to issue new letters of credit

The CBE evaluates the banks' cooperation in providing the foreign currency through…

Hossam Mounir Hossam Mounir

Banks criticise CBE’s FX Auction regulations

The regulations were a new shock to banks that did not obtain…

Hossam Mounir Hossam Mounir

Banks ordered to prioritise providing foreign exchange for vital exports

CBE demanded that local banks prioritise directing their foreign exchange liquidity to…

Hossam Mounir Hossam Mounir

Cooperation is conditional for obtaining dollars: CBE to banks

Amer's latest regulations for dollar availability act as a warning to uncommitted…

Hossam Mounir Hossam Mounir

Cairo Solar negotiates with 4 banks to issue EGP 30m letter of guarantee

Bilateral talks between the Ministries of Electricity and Finance are taking place…

Mohamed Farag Mohamed Farag

Banks fail to receive their share of CBE dollar auction

It maintained the exchange rate of the dollar against the pound at…

Hossam Mounir Hossam Mounir

Britain’s leading banks pass stress test

Britain's seven biggest lenders have passed central bank stress tests designed to…

Deutsche Welle Deutsche Welle

6 banks exempted from applying maximum wage

Six other banks await a judicial ruling for exemption

Hossam Mounir Hossam Mounir

5 banks represent UAE in Egyptian market

Five UAE banks currently operate in the Egyptian market; Emirates NBD, the…

Hossam Mounir Hossam Mounir

Banque du Caire increases branches, banking units to 231

Bank opened six new branches and banking units, plans to expand in…

Hossam Mounir Hossam Mounir