Tag: lending

Egypt issues digital payment, lending, saving rules for mobile wallets

EGP 5,000 maximum limit set for mobile loans for individuals for 1…

Hossam Mounir Hossam Mounir

CBE ignores increasing inflation, keeps interest rate unchanged contrary to expectations

With this decision, the interest rate on deposit remains at 11.75% and…

Hossam Mounir Hossam Mounir

CBE keeps ratings unchanged

Overnight deposit rate, overnight lending rate, main operations’ rate stand at 8.75%,…

Daily News Egypt Daily News Egypt

7 banks raise interest rates on deposits after Central Bank decision

A recent CBE decision saw an increase in the benchmark overnight deposit…

Abdel Qader Ramadan Abdel Qader Ramadan

CBE keeps interest rates unchanged

Central Bank of Egypt says it has kept current rates unchanged due…

Daily News Egypt Daily News Egypt

UAE market regulator changes margin lending rules, penalties

Margin lending - borrowing with cash or share holdings as security, has…

Daily News Egypt Daily News Egypt

Arab African International Bank launches new line of lending products

The Arab African International Bank presents new lending solutions that suit customers…

Islam Serour Islam Serour