Faisal Islamic Bank of Egypt to focus on MSMEs in new lending policy
The bank has presented a plan to the CBE to increase the…
Banks submit SME loan programmes to CBE
The CBE's January announcement mandated that banks must direct a minimum of…
$56m increase in foreign exchange reserves at end of February: CBE
The Central Bank of Egypt (CBE) revealed Thursday the balance of foreign…
Egypt’s US dollar certificates issuance positive for banks, insufficient to quell liquidity pressure: MOODY’S
The sale of US certificates for sale to Egyptian expatriates will increase…
Banking sector allocates EGP 10bn for Housing Ministry to build 450,000 housing units: Amer
About 90% of national output in advanced societies is based on small…
$1.208bn offered for investment in treasury bills
Return on bills increased by up to compared to last CBE auction…
Amid stalled import operations, Afreximbank-CBE agreement to provide $500m in facilities
The Afreximbank facility is part of a $3.5bn financing programme, approved by the…
Uncertainty surrounds United Bank chairman appointment
While Fahmy is considered most likely to ascend to the leadership role,…
Banks record EGP 8.2bn increase in deposits in November: CBE
Banks also saw a EGP 2.3bn increase in loans during the same…
Pound devaluation supports economy, promotes tourism, foreign investment: Prime
We should increase the supply of dollars and encourage Egyptians abroad to…
