Latest Banking News
Vodafone, CIB agree to transfer money via mobile phones through MasterCard services
The service also includes connecting CIB cards with mobile phones, allowing customers…
MasterCard gives tips on Father’s Day shopping
MasterCard gives advice on how to be a smart and savvy shopper
New acquisition and new CEO for Visa Inc.
Visa Inc. announced the acquisition of Visa Europe and the appointment of…
International conference on private sector to kick off in July
The conference will go by the name ‘What’s Holding Back the Private…
Private banks lift interest on deposits and savings accounts, keep savings certificates unchanged
NBE and BM decided on 12 June and 13 June to increase…
CBE launches new website
The new website is the first electronic index for supervisory instructions, says…
Egypt ranks first among Arab states in receiving remittances: UAB
Egypt received $19.7bn in remittances from its citizens working abroad in 2015,…
Bond yields for 5-year term jump by 0.82%
Ministry of Finance cancels 10-year term bonds initially planned to be issued…
Value of naira plummets after Nigeria ends dollar peg
In response to continued low oil prices, the Nigerian Central Bank floated…
Banque Misr raises interest rate by 1% on deposits, 0.75% on savings accounts
The interest rates increase on the higher deposits, depending on the segments…