CBE provides 10-year interest-free loan worth EGP 31bn to 3 major banks
The loan is for supporting banks’ capital base and for adjusting the…
Banks to finish classifying SMEs, microenterprises to be financed by end of August: I-Score head
Nile Rating Company, specialised in SMEs, has merged in I- Score, said…
Banks continue to curtail US dollar use overseas
Banks are lowering limits of different types of cards and reducing hard…
A new start needed for Italy’s banks?
The Italian finance professor Claudio Zara calls for flexibility in eurozone rules…
Banks obtained $26.8bn from the CBE to finance importing basic commodities from 30 December 2012 until 19 July 2016: CBE
The CBE held 462 regular auctions to sell $19.382bn as well as…
Banks acquire 77.87% of Finance Ministry’s treasury bills by end of March
Banks’ investments in bills amount to EGP 471.358bn at the end of…
Banks ignore CBE’s interest rate increase
CBE will not keep current rates and may be reversed in three…
Banks begin monitoring debit card transactions abroad
Misused debit cards will be suspended immediately, says the head of one…
United Bank provides an attractive avenue for Gulf, foreign banks to enter Egyptian market: chairperson
Daily News Egypt sits down with Ashraf Al-Kady in his first interview…
ETTA extends deadline for banks’ complaints to Tuesday
Tourism income dropped to $6.1billion in 2015, compared to $7.3bn during 2014
