Latest Banking News
Banks invested EGP 650bn in T-bills until end of March 2018: CBE
Government banks invested EGP 333bn, private banks invested EGP 279.8n, foreign banks…
IDWBE injects EGP 675m to deliver gas to 375,000 residential units
Bank signs three contracts with Cairo Gas, Sinai Gas, PetroTrade
Governmental banks start receiving defaulting clients’ requests to settle debts in implementation of CBE initiative
Initiative benefits companies whose debts are less than EGP 10m, individuals without…
Balance of payments records $11bn surplus between July, March in FY 2017/18: CBE
Egypt’s overall balance of payments (BOP), which measures Egypt’s dealings with other…
CBE launches initiative to settle debts of 3,500 companies, 337,000 individuals
Initiative to benefit NBE, Banque Misr, Banque du Caire, Export Development Bank,…
CBE to launch innovation support fund worth EGP 1bn in H1 2019: CBE deputy governor
Banks injected EGP 85bn to fund SMEs within CBE’s initiative thus far,…
HC Securities expects deceleration of annual inflation, MPC to keep interest rates unchanged
Recent decision to hike fuel costs was by market, despite not announcing…
Deposits up EGP 52bn, loans EGP 27bn end-February: CBE
Banks’ investments in stocks, bonds down EGP 37bn
Banque du Caire signs cooperation protocol with Minya to promote, market assets
Joint working mechanism being discussed between Banque du Caire, Minya to provide…
UAB to highlight green banking in Hurghada forum
Forum will be held between 26, 28 July in cooperation with CBE,…