Latest Banking News
Total value of banknotes issued increases by EGP 10bn in May: CBE
Banknote issuance recorded its highest level to GDP since June 2015
The United Bank launches service of instant self-enquiry about creditworthiness for its customers in cooperation with I-Score
The bank is to launch a package of new digital solutions to…
Banks to finish classifying SMEs, microenterprises to be financed by end of August: I-Score head
Nile Rating Company, specialised in SMEs, has merged in I- Score, said…
The United Bank to be sold late 2016, early 2017: chairperson
The CBE received requests from a large number of international institutions to…
Metropolitan Egypt negotiates with Egyptian Gulf Bank, Banque Misr to provide financing for Enmaa projects
Enmaa needs financing worth EGP10m in the form of letters of guarantee…
Panic dominates after punishment toughened on currency traders
Employees in exchange companies in the informal market express concern, outrage over…
Banks continue to curtail US dollar use overseas
Banks are lowering limits of different types of cards and reducing hard…
Would shutting down exchange companies solve the US dollar crisis?
Opponents to the proposal point to the companies’ role in securing hard…
Exchange companies to hold expanded meeting, discuss repercussions of official and popular escalation against them
We are ready to close immediately if this would solve the US…
PBDAC negotiates with SFD to obtain EGP 100m loan: PBDAC chairperson
The loan will finance agricultural industrialisation projects and greenhouses at low cost,…