Tag: banks

Government plans to borrow EGP 281.5bn from banks in next three months

Banks account for 75.5% of total releases of treasury bills and the…

Hossam Mounir

Banks delay raising interest rates on pound savings until return from debt instruments increases

The banks started to hold intensified meetings on Sunday morning to discuss…

Hossam Mounir

Banks to discuss deposits and loans, await decisions on return on debt instruments

Banks are meeting after the CBE lifted its basic interest rate by…

Hossam Mounir

Banks take steps to support tourism after new CBE initiative

Measures include postponing loan repayments for tourism employees and investing in facilities

Hossam Mounir

Banks seek to learn from Italy on SME field trip

Participants aim to become acquainted with the basics of international practice in…

Hossam Mounir

New ‘Car City’ raises controversy

The 20-year usufruct system hinders idea of establishing New Car City, says…

Menna Samir

Banks seek to boots customer base, sell loans

Industry figures say more personal borrowing for cars will boost economy

Hossam Mounir

Banks adopt strict measures to issue new letters of credit

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

Hossam Mounir

Banks criticise CBE’s FX Auction regulations

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

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