Banks race to implement CBE’s programme for funding SMEs
Both Banque Misr and the Industrial Development and Workers Bank of Egypt…
EGP 29.3bn increase in bank deposits, EGP 10.8bn increase in loans in October 2015: CBE
Household sector acquires 77.6% of deposits in the local currency and 63.2%…
Bank’s proposals published to break deadlock of CBE’s retail banking regulations
Banks request CBE not to impose these regulations on all customers and…
CBE’s new lending regulations are credit positive for banks: Moody’s
Egypt’s Higher SME Lending Quota Supports Economy but threatens Banks’ Asset Quality
CBE postpones decision regarding EGP interest rate to negotiate with coordination council
The Monetary Policy Committee (MPC) meeting took three hours Thursday and ended…
Government plans to borrow EGP 281.5bn from banks in next three months
Banks account for 75.5% of total releases of treasury bills and the…
Banks delay raising interest rates on pound savings until return from debt instruments increases
The banks started to hold intensified meetings on Sunday morning to discuss…
Banks to discuss deposits and loans, await decisions on return on debt instruments
Banks are meeting after the CBE lifted its basic interest rate by…
Banks take steps to support tourism after new CBE initiative
Measures include postponing loan repayments for tourism employees and investing in facilities
Banks seek to learn from Italy on SME field trip
Participants aim to become acquainted with the basics of international practice in…