Latest Banking News
Amer starts second term in CBE by launching three initiatives to support industry, medium income housing
Directives from president to allocate EGP 100m for industry sector, EGP 50bn…
Five banks to begin collecting mortgage finance instalments electronically amid CBE initiative
277,000 customers in 15 banks and eight mortgage finance companies are to…
Why CBE Governor Tarek Amer was selected to serve another 4-year term?
CBE under Amer succeeded in managing the files of monetary policy and…
Winners and losers of CBE’s interest rate cut
Government, investors, and EGX are the most beneficiaries from the decision, while…
Egypt’s net foreign reserves rise by $128m to $45.247bn in October
It’s the highest foreign exchange reserves in Egypt’s history, covering more than…
Issuance of executive regulation for e-payments law within weeks: CBE
Banks issued 3.5m Meeza cards until end-October, says CBE Deputy Governor
Banks in Egypt inject EGP 144.2bn to finance MSMEs from Dec. 2015 to June 2019: CBE
Service sector received EGP 62.2bn banking funds, while industrial sector got EGP…
Egypt’s foreign trade increases to $95bn in FY 2018/19: CBE
Egypt's imports scored $66.529bn, while exports reached $28.495bn between July 2018 and…
Three-year anniversary of Egypt’s free floating exchange
FX reserves up by $25.618bn, exchange rate and inflation fall, and public…