NBE, CIB, Banque Misr, QNB Al-Ahli, HSBC hold over half of banking sector’s total profits as of December 2015
The CBE said in a recent report that the net profit of…
CBE expects UAE deposit before end of May
The CBE's governor says Egypt has not received any deposits from abroad…
CBE fixes dollar price in Tuesday auction, dollar remains stable in informal market
Through its weekly auction, the CBE sells dollars to banks working in…
Banks operating in Egypt record EGP 35.88bn net profits in 2015: CBE
Non-performing loans fell to 6.8% of total, 99% of which are covered…
Meetings to determine fate of closed companies, restore stability to exchange market
CBE signed a penalty on the violating companies, which are ready to…
EFSA proposes financial services companies be involved in CBE microfinance initiative
Financial services companies with experience in financing small businesses can link banks…
High interest rate hinders banks in Egypt from obtaining foreign loans
Foreign institutions require high return interest rates of 5.5%, which is unsuitable…
Banks lack clear vision in application of capital conservation buffer ratio
The capital conservation buffer ratio is intended to strengthen a bank's main…
Amer denies plans to devalue Egyptian pound after its price falls in informal market
While the dollar is scarce, trader's speculation has also driven inflation, says…