Latest Banking News
Housing and Development Bank opens its 64th branch
The bank will begin applying the new Core Banking system and offer…
Pound lost 9% of its value against dollar in 2015, retreat to contine in 2016
The dollar’s value rose from EGP 7.18 in January to EGP 7.83…
NBE arranges loans for electricity sector worth EGP 39.4 in five years
The bank intends to support the national economy by funding national projects
The Role of Institutional Investors in the Egyptian Capital Market
Over the years, enforcement activity has grown and in 2014, the exchange…
CBE to raise interest rate by 50 bps
In its meeting held on Thursday, the Monetary Policy Committee (MPC) of…
CBE pumped $8.3bn to cover imports between 29 October and 12 December: Amer
The Central Bank of Egypt (CBE) has pumped $8.3bn between 29 October…
Bank Audi Egypt reveals major features of expansion plan in Egyptian market
We seek to double the bank’s market share in the next three…
HDB opens new branch, adopts tourism promotion initiative
Chairman of the Housing and Development Bank (HDB) Fathy El-Sebai recently inaugurated…
Cisco to build NBE’s modern generation of secured data centres
The National Bank of Egypt (NBE) employed the international telecommunication company Cisco…
EGP 1.8bn increase in Barclays Egypt bank loans in 9 months
Clients’ loans in Barclays Egypt increased by EGP 1.8bn during the first…