Browsing Category
Banks
AAIB issues Egypt’s 1st sustainability bond with IFC, EBRD support
Egypt has launched its first sustainability bond, issued by the Arab African International Bank (AAIB) and raising…
Egyptian expats remit $2.7b in Sep. ’24
Remittances from Egyptian expats have doubled to about $2.7 billion in September 2024, compared to $1.3 billion in…
BoE’s Lombardelli: Inflation may exceed forecasts
Bank of England Deputy Governor Clare Lombardelli expressed concerns about inflation potentially rising higher than…
IFC invests $40m in China’s green finance
The International Finance Corporation (IFC) has made a strategic equity investment of approximately $40 million in…
Egypt’s CBE auctions EGP 2b FRN T-bonds
The Central Bank of Egypt (CBE) announced on Monday the issuance of two billion Egyptian pounds worth of…
ECB poised for further rate cuts, policymakers forecast
The European Central Bank (ECB) is expected to cut interest rates again in December, with policymakers aiming to…
China’s c. bank issues 249.3b yuan off reverse repo
People’s Bank of China (PBC) announced a seven-day 249.3 billion-yuan reverse repo on Monday at an interest rate of…
Egypt’s c. bank to offer EGP 6b T-bonds fixed coupon
The Central Bank of Egypt (CBE) will auction treasury bonds (T-Bonds) on Monday with fixed coupon worth six billion…
United Bank of Egypt’s private placement oversubscribed by 3 times a day before…
The United Bank of Egypt’s private placement has been met with overwhelming success, with the initial tranche…
Central Bank of Egypt’s gold holdings hit EGP545.310b in October ’24
The gold holdings of the Central Bank of Egypt (CBE) rose to 545.310 billion Egyptian pounds at the end of October…
