Banks Foreign deposits in Egypt banks rise to $12.42 bln April-end Ahmed Ali Jun 2, 2019 0 Foreign deposits in Egypt rose to 741.759 billion Egyptian pounds ($12.42 billion) in April from 741.621 billion…
Banks Egypt pays $406 mln debt to Afreximbank: central bank Ahmed Ali Jun 2, 2019 0 Egypt paid back $406 million of debt to the African Export-Import Bank (Afreximbank) at the end of May, the central…
Banks Lebanon’s Bank Audi says 2018 Egypt net profit hits $77.2 mln Ahmed Ali May 28, 2019 0 Lebanon-based lender Bank Audi said on Sunday its net profit in Egypt recorded 1.3 billion Egyptian pounds ($77.2…
Banks CBE maintains interest rates during May Ahmed Ali May 24, 2019 0 The Central Bank of Egypt (CBE) decided to maintain the overnight interest rate on deposits and loans, and…
Featured US dollar price continues its decline against Egyptian pound Ahmed Ali May 23, 2019 0 US dollar price continues its biggest downturn trend since 2017 against Egyptian pound, registering EGP 16.81 for…
Banks Egypt’s domestic debt surges 4.108 trillion pounds in 2018 – c.bank Ahmed Ali May 22, 2019 0 Egypt’s domestic debt surged 20.3 percent to 4.108 trillion Egyptian pounds ($242 billion) in the year to…
Banks Egypt’s economy to increase by 5.9% in FY 2019-20: EBRD Ahmed Ali May 9, 2019 0 Egyptian economic output likely to expand by 5.5 percent in the financial year 2018-19 and by 5.9 percent in…
Banks Egypt’s foreign debt increases 16.6% at 2018 end Ahmed Ali May 8, 2019 0 Central Bank of Egypt (CBE) said in a statement that the country’s foreign debt increased by 16.6% recording…
Banks Egypt banks’ interbank trading volumes hit $10.7 mln since start of April – c.bank Ahmed Ali Apr 22, 2019 0 Banks in Egypt have registered interbank trading volumes worth 184.1 million Egyptian pounds ($10.7 million) since…
Banks Egypt banking sector assets rise to EGP5.47tn% in July – c.bank Ahmed Ali Apr 17, 2019 0 The value of assets held by Egypt’s banking sector rose by 42.2 billion Egyptian pounds in January 2019 recording…