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Banks
CBE Gives Banks 3-Month Reprieve To Comply With Bancassurance Regulations
The Central Bank of Egypt (CBE) has brought new bancassurance regulations into effect so as to allow banks to offer…
NBE Suggests Setting Up Microfinance Bank: Sherif Gamea
The Federation of Egyptian Banks’ technical committee will discuss the possibility of establishing a microfinance…
Islamic Banking Leaders To Attend 4th Annual World Islamic Banking Conference In Singapore
More than 480 leading industry players, thought leaders and key regulators in the international and regional…
Crowell & Moring Advises ADIB Egypt On Landmark Islamic Finance Deal
In a first-of-its-kind transaction in post-revolution Egypt, Crowell & Moring’s Cairo office has advised the…
Egypt’s Finance To Offer T-Bills Worth EGP 7.5 Bln Tomorrow
Egypt’s Finance Ministry will offer tomorrow 182- and 364-day treasury-bills. The Ministry said in its website…
NBE Mulls Providing EMC With EGP 100 Mln Credit Facilities
The National Bank of Egypt (NBE) considers offering new credit facilities worth EGP 100 million to the Egyptian…
Egypt’s Central Bank Offers US$ 800 Mln At Exceptional FX Auction
The Central Bank of Egypt (CBE) Offers US$ 800 million on Wednesday at an exceptional auction so as to address the…
Egypt’s Central Bank Accepts EGP 10 Bln At 7th Deposit Auction
The Central Bank of Egypt (CBE) has accepted EGP 10 billion worth of seven-day deposits at a fixed interest rate of…
FEB Discusses Micro-enterprise Financing Methods Next June
The Federation of Egyptian Banks (FEB) will hold a meeting next month to discuss the possible methods of financing…
Agricultural Credit Bank Grants Loan Defaulters Reprieve Till End-June
The Principal Bank for Development and Agricultural Credit has given loan defaulters a reprieve till the end of…
