SMEs acquire 10% of HDB’s loan portfolio until September 2016: chairperson
The bank aims to increase the funding of such projects to 20%…
Trade exchange between Egypt and outside world falls to $75bn in FY 2015/2016: CBE
Imports decline by $4.99bn, exports down by $3.54bn
CashU to negotiate with CBE for new package of payment solutions next year
40,000 users of CashU in Egypt, 2.3 million across the Arab world
Credit facilities granted by banks to their clients in August increased by EGP 12.3bn: CBE
Private sector accounts for 59.4% of the total facilities, deposits increase by…
CBE allows banks to direct part of US dollar-denominated proceeds to cover temporary overdrafts on customer accounts
The Central Bank of Egypt (CBE) has allowed banks working in the…
Exchange rate semi-stable at CBE, banks on Wednesday
At banks on Wednesday, the US dollar changed hands at EGP 17-17.5…
Foreign exchange outcome at banks exceeds $3bn over past 2 weeks: CBE sub-governor
Investment funds, international pension funds began investing in Egyptian government debt instruments
Banks begin providing hard cash to import non-essential goods on Sunday
Banking sector financed import of food commodities, medicines, and production inputs worth…
Banks secure $2.2bn to meet customers’ needs since pound flotation: cabinet
Banks have received $2.6bn as of Monday, says CBE governor
Highly expected that basic interest to remain unchanged on Thursday
Current interest rates on the pound may remain unchanged for three to…