CBE, banks face 6 major challenges in upcoming period
Challenges include adjusting foreign exchange market, rebuilding reserves, and controlling inflation, say…
IFC commits $783m to MENA infrastructure in FY 2014/2015: Egypt director
There is much space for future PPPs in infrastructure, port expansions, and…
Money pools spread to avoid interest rates on loans
Banks should offer new products and incentives suitable for low-income citizens, reconsider…
Moody’s stable outlook for banks followed positive performance: Banking expert
Ratings agency Moody’s upgrades banking sector outlook from negative to stable
Banks compete for board membership of Egyptian Federation for Mortgage Finance
First general assembly will be held, board of directors elected Thursday
Banks invest over EGP 159bn in fixed income tools in 1 week: CBE
EGP 138.7bn invested in CBE and EGP 20.75bn in treasury bonds, treasury…
Conflict on maximum wage continues between banks, government
Administrative court's decision not to subdue bank employees to the maximum wage…
Banks await Majid Al Futtaim announcement on funding alliance: Bank Audi Egypt
Two bank alliances, consisting of 12 banks, compete to grant company EGP…
Real estate tax crisis ongoing between banks, finance ministry
Mediation fails between the banking sector and the government over obliging banks…
ETF to demand banks initiate purchase of bankrupt companies: Official
Big banks that would be asked to execute plan are NBE, Banque…
