Latest Banking News
CBE explains fixing interest rates for 9th time in row
Keeping policy rates unchanged remains consistent with inflation target of 7% (±2%)…
saib opens fourth financial education centre within digital transformation strategy
Amr Nosseir, Head of the bank’s Retail Banking Group and Distribution Channels,…
Suez Canal Bank contracts with AFS to supply, operate automated risk management system
The contract was signed by Hussein Rifai, Chairperson and Managing Director of…
Agricultural Bank of Egypt launches initiative to settle EGP 4bn worth debt
This comes within the framework of the Central Bank of Egypt’s directives…
CBE to decide fate of local interest rates heading into 2021-end
Monetary Policy Committee expected to keep base rates unchanged for ninth time…
HSBC Egypt launches EGP 3bn ‘Foras Trade Fund’ for SMEs
Todd Wilcox, Deputy Chairperson and CEO of HSBC Egypt, said: “SMEs are…
First Abu Dhabi Bank cooperates with CBE to complete acquisition of Bank Audi: CEO Fayed
He believes this deal will contribute to strengthening the Egyptian investment opportunities,…
$222m increase in Egypt’s FX reserves during November 2021: CBE
Gold reserves also grow by $5m, while SDRs decline $197m
CBE signs protocol to link ‘Nafeza’ customs platform with banking system
This step is in line with the state's direction to implement the…