Latest Banking News
Cabinet approves agreement with EBRD to upgrade metro
Agreement previously signed in August to develop line 1
Hassan Abdalla appointed as first assistant to CBE governor, Elwy as CEO of AAIB
Abdalla has served as the former chairperson of the Saib Bank, chairperson…
NBE, China Development Bank sign $600m loan agreement
Loan to be channelled to finance working capital of NBE's clients
CDB’s total loan commitment to Egypt reaches $5.3bn
Bank likely to inject $2bn in local market by end of 2018,…
Deposits up by EGP 11.8bn by end-July 2018: CBE
Volume amounted to EGP 3027.3bn up from EGP 3015.5bn at end of…
Noticeable decline in bank deposit volumes in July 2018: CBE
EGP 4bn increase in domestic deposits, $493m increase in foreign currency deposits
Non-intervention in exchange market contributed to maintaining FX Reserves: CBE
Interest rate cut on pound supported rise in real asset prices on…
Banque du Caire restructuring plan underway in full swing ahead of possible 2019 IPO
Lender set to float 30% stake by early next January aims at…
HDB plans to launch share of one of its companies in EGX: chairperson
CBE has not responded yet to proposal to divide activity of bank…