Latest Banking News
CBE offers $500m worth T-Bills on Monday
Proceeds to cover a previous offer worth $715m issued on 11 June…
Recent devaluation of Egyptian pound against US dollar normal, temporary: banking pundit
Like all currencies worldwide, local currency bound to be affected by current…
US dollar appreciates slightly to EGP 15.92 at CBE
The Swiss franc reached EGP 16.5466 for buying and EGP 16.6522 for…
COVID-19 accelerates HSBC existing transformation plans to digital services: Group General Manager
Bank has made strong contribution to all CBE initiatives to support economy…
CBE offers EGP 20bn in T-Bills as market awaits Finance Ministry move
The CBE will issue Treasury Bills and bonds worth EGP 186bn in…
CIB launches new online platform for financing supplier needs
It supports solutions and programmes to increase the working capital of the…
CBE takes measures to reduce economic impacts of COVID-19
We moved quickly to preserve economic gains since launch of national economic…
NBE achieves unprecedented EGP 300bn deposits boom
Significant increase, brings bank’s deposit portfolio to EGP 1.5trn
Suez Canal Bank sells stake in MIDOR for $30.6m
The Suez Canal Bank had owned a total of 560,000 shares, representing…
CBE’s Monetary Policy Committee convenes to decide on interest rates
Maintaining local currency attractive amid economic uncertainty due to Covid-19 crisis suggests…