Latest Banking News
CBE sets new regulations for dollar auctions
Banks acquisition of dollars is dependent on their efficiency in providing foreign…
CBE issues exceptional offer to pump dollars in banks to meet import needs
Tarek Amer met with President Abdel Fattah Al-Sisi Wednesday to present his…
Banking sector rejects value-added tax, seeks CBE’s assistance
Sources believe Amer is likely to agree to Federation of Egyptian Banks…
CBE to inject $1bn after new governor officially takes office
Last week CBE issued $1bn as part of bank’s plan to flood…
NBK-Egypt reports 62.9% YoY increase in profits
The bank recorded EGP 445.6m net profits for the first nine months…
ABK-Egypt targets increasing capital to EGP 1bn in 2016
The bank is playing a large role in facilitating financial flows from…
Tourism sector awaits bank approvals to grant dollar loans for replacing, renewing building operations
Loans to be received in pounds and repaid in dollars; we are…
Recommendations given to new CBE governor in community dialogue
PwC and N Gage Consulting organised the workshop
AAIB named Egypt’s Best Green Bank for 2015
As such, AAIB is the first bank in Egypt to embrace sustainable…
