Latest Banking News
Opinion: The downfall of an institution
The once-proud Deutsche Bank is now threatening the global financial system. Things…
$26m increase in CBE’s foreign exchange reserves in June
The value of gold included in the reserves increased to $2.602bn in…
Balance of Payments registers $2.6bn increase in deficit over 9 months of FY 2015/16: CBE
The CBE said in a statement on its website on Sunday that…
CBE to reveal its foreign exchange reserves this week
Debt repayment to Qatar and Paris Club countries is likely to impact…
Banks ignore CBE’s interest rate increase
CBE will not keep current rates and may be reversed in three…
Banks begin monitoring debit card transactions abroad
Misused debit cards will be suspended immediately, says the head of one…
UK’s growth to decrease 0.5% in 2016 following Brexit: FocusEconomics
The FocusEconomics consensus expects the UK economy to grow 0.3% in 2017
Deutsche Bank, Santander fail US stress test
Deutsche Bank, Santander have repeatedly failed the test in the wake of…
CBE governor claims report on IMF loan was incorrect
Reuters reported on Monday that Egypt is negotiating a loan worth $5bn;…
Court’s suspension of CBE’s decision to limit tenure of bank heads step towards revoking it: El-Sherif Law Firm founder
On Sunday, an Administrative Court decided to suspend the CBE decision that…
