Average of 30-40 bps cut in banks’ net interest margin expected following CBE cuts: Beltone
Lengthening durations of assets while shortening those of liabilities are key defense…
Banks begin intensive discussions to review interest rates on loans, deposits after CBE cut them
BM considering fate of 17% certificates, other savings vessels, says El-Damaty
CBE directs banks to stop granting credit facilities to medium companies within 12% initiative
Banks exhausted EGP 10bn allocated by CBE as part of initiative, says…
Egypt’s bank deposits rise EGP 55bn in November 2017: CBE
The Central Bank of Egypt (CBE) announced that total bank deposits rose…
Wave of large cuts in bank interest rates on deposits, loans starting Sunday
Banks operating in the local market started on Sunday a wave of…
CBE activates electronic link between Egyptian banks, COMESA countries
The Central Bank of Egypt (CBE) held a workshop attended by 60…
CBE asks banks to monitor some customer accounts
The Central Bank of Egypt (CBE) requested that banks operating in the…
Egypt continues to reap the benefits of rebalancing, reform programme: HSBC economists
Country set out on the process started more thanover a year ago.
CBE warns against dealing in Bitcoin
Cryptocurrencies lack guarantee and official government support as opposed to official currencies:…
FX reserves end 2017 at record high of $37.02bn
Forex reserves increased by $333m, despite payment of $3.2bn to Afreximbank, says…