Restructuring PBDAC, serving farmers’ interest are top priorities: El-Kosayer
El-Kosayer to hold first meeting in the PBDAC on Wednesday; controversy surrounds…
Private banks begin raising interest rates on saving schemes in pounds
The step came after public banks raised their interest rates and an…
CBE provides banks with $104.5m, sets US dollar price at EGP 8.78
On Tuesday, the official dollar price in banks was EGP 8.83 for…
Return on treasury bonds jumps by more than 1.5%, public banks begin to raise interest rates
Ministry of Finance offered three auctions for treasury bonds on Monday. The…
Cabinet settles debate about presidency of PBDAC, issues a decision appointing El-Kosayer as chairman
El-Kosayer will begin in April and will remain chairman for 3 years
CBE appoints Alsayed Al-Qussair as chairman of PBDAC
Al-Qussair succeeds Atteya Salem, the former chairman of PBDAC
Private banks wait on public banks to make first move to raise interest rates
Return on treasury bills for 3, 9 months increased after CBE lifted…
SECON to start withdrawing loan acquired from Banque Misr, NBE before end of March
Company will not borrow from banks currently, will participate in major national…
SMEs comprise 9.5% of United Bank’s loan portfolio by end of December 2015
We target 25% increase in funds directed to SMEs from the total…
Banque Misr targets increase in SMEs loans to EGP 1.5bn by end of FY 2015/2016
The bank provides 55% of the total funds granted by banks as…