Latest Banking News
Analysts expect further EGP devaluation against dollar
Analysts cannot predict the timing and percentage of devaluation
No serious steps taken so far to sell United Bank, offer shares of AAIB, Banque du Caire in IPO: CBE deputy governor
This issue is still being studied, and we are coordinating with Kuwait…
United Bank, SFD sign EGP 150m contracts to finance SMEs
The first contract stipulates that the SFD will provide EGP 100m for…
Islamic banks face challenges associated with managing liquidity: CBE deputy governor
Negm added that the government reissuing bonds when they are due will…
Banks must comply with new controls for foreign exchange deposits: CBE
CBE said in a statement on Monday that it had monitored some…
CBE deputy governor calls for banks to increase capital base
The CBE allowed banks three years to adjust to this decision
Banks refuse to adhere to VAT law, awaiting response from new finance minister
The Egyptian Tax Authority demanded that banks operating in the domestic market…
CBE’s microenterprise initiative remains under discussion
The CBE is holding meetings with relevant bodies to launch the initiative,…