7 banks raise interest rates on deposits after Central Bank decision
A recent CBE decision saw an increase in the benchmark overnight deposit…
Loan assets in banks increased by EGP 3.6bn in February: CBE
Central bank says loans granted to the government slumped by EGP 739m,…
Overview of financial aid packages to Egypt
Egypt has received nearly monthly financial support from international institutions and countries…
Total non-CBE banking sector deposits reach EGP 1.26tn: CBE
The report added that total non-government deposits rose during November to reach…
Banque Misr deposits rise to EGP 188.8bn
The deposits rose to EGP 188.8bn compared to EGP 162.5bn, reflecting a…
Interest rates remain fixed as inflation rises: analysts
Central Bank decision to maintain interest rate was expected by analysts in…
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…
Deposit withdrawals, strict procedures to protect banking sector: Bank Employees Union
Business is proceeding as normal within banks, he said, adding that strict…
1.190tn in total banking deposits in June: Central Bank
Rise in deposits seen as symptomatic of Egypt’s “economic deflation”
Central bank denies freezing deposits
Bank: “Rumours aim to destroy the confidence in the stability and safety…