Tag: deposits

Savings at Egypt Post reach EGP 65.8bn in FY 2012/2013

Pensions distributed from postal offices reached EGP 35.9bn

Sara Aggour Sara Aggour

Overview of banking sector performance over FY 2013/2014

Daily News Egypt takes a closer look into the banking sector’s performance…

Doaa Farid Doaa Farid

7 banks raise interest rates on deposits after Central Bank decision

A recent CBE decision saw an increase in the benchmark overnight deposit…

Abdel Qader Ramadan Abdel Qader Ramadan

Loan assets in banks increased by EGP 3.6bn in February: CBE

Central bank says loans granted to the government slumped by EGP 739m,…

Doaa Farid Doaa Farid

Overview of financial aid packages to Egypt

Egypt has received nearly monthly financial support from international institutions and countries…

Sara Aggour Sara Aggour

Total non-CBE banking sector deposits reach EGP 1.26tn: CBE

The report added that total non-government deposits rose during November to reach…

Daily News Egypt Daily News Egypt

Banque Misr deposits rise to EGP 188.8bn

The deposits rose to EGP 188.8bn compared to EGP 162.5bn, reflecting a…

Daily News Egypt Daily News Egypt

Interest rates remain fixed as inflation rises: analysts

Central Bank decision to maintain interest rate was expected by analysts in…

Daily News Egypt Daily News Egypt

Kuwait extends Egypt’s time frame to repay $2bn deposit to five years

This decision will help Central Bank of Egypt to take long term…

Daily News Egypt Daily News Egypt

Deposit withdrawals, strict procedures to protect banking sector: Bank Employees Union

Business is proceeding as normal within banks, he said, adding that strict…

Daily News Egypt Daily News Egypt