Latest Banking News
CBE intervenes to strengthen pound against dollar
Dollar fell in black market for hours until it suddenly stopped
CBE raises EGP value against dollar by 20 piasters
The central bank will also cover 25% of the temporary credit facilities…
Banque Misr savings certificates attract EGP1.2bn by Monday afternoon: El-Etreby
The National Bank of Egypt (NBE) and Banque Misr offered, Sunday, savings…
CBE to convert $4bn worth of dues on importers to local currency
Tarek Amer holds frequent meetings with public bank heads to discuss developments…
Banque Misr collects EGP 400m through certificates on first day
They surprised banking market with launch of two certificates with annual returns…
UNB-Egypt aims to acquire 5% of Egyptian banking market in 10 years: Vice Chairman
UNB supports Emirati investors in Egypt, and issued letters of guarantee worth…
Banque Misr, NBE issue savings certificates with 12.5% return
The step aims at combating dollarisation, and banks issued two similar certificates…
AAIB underwent significant expansions: Bank leaders
Bank launches14 new branches, number of ATMs increases to 321
NBE branches to sell commemorative Suez Canal gold coins
Deputy Chairman of the National Bank of Egypt Mahmoud Montasser said all…
Foreign exchange reserves increase $80m in October: CBE
Foreign exchange reserves at the Central Bank of Egypt (CBE) increased by…