Banks in Egypt discuss fate of interests on savings vessels, loans after 2% basic rate hike
Yield on some savings certificates, loan products rises automatically after CBE’s decision
CBE to discuss interest rates, EGP’s value on Thursday amid strong expectations of hike
The current interest rates are 9.25% for deposit, 10.25% for lending, and…
CBE will not hesitate to take measures it deems necessary to curb inflation: CBE Governor
The governor added that negotiations with the IMF are going well
Annual urban inflation increased to 13.1% in April, highest rate since May 2019
The increase in urban inflation is attributed to strong monthly dynamics in…
CBE joins international green financial system network within framework of implementing state’s strategy for sustainable development
This new step comes in light of the state’s strategy to achieve…
Development, automation of 90% of financial directorates to be completed before end of June: Finance Minister
The government is paying special attention to rationalising public spending
CBE replaces state employees’ payroll slips with Meeza cards
The project helps expand the use of digital banking services and supports…
ABE keen on supporting state’s efforts to develop Upper Egyptian governorates: Chairperson
EGP 233m allocated to finance agricultural associations in Aswan
HDB launches new package of services to support digital banking strategy: Ghanem
The bank achieved a breakthrough in the field of digital transformation, launches…
Banking alliance led by NBE grants EGP 12.5bn to Canal Sugar Company
Al-Ahly Capital contributed with a direct investment of EGP 1.62bn, provided foreign…