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Banks
Euromoney Saudi Arabia Conference to Tackle Global Role of Sukuk
Bankers, thought-leaders and government officials will attend one of the most important regional financial events…
Banks’ Investments In T-Bills Fell EGP 4.1 Bln At End-Jan: CBE
The Egyptian banking sector’s investments in treasury bills dropped 1.5% (EGP 4.1 billion) to reach EGP 257.07…
Banks’ Securities Portfolios Drop EGP 6.2 Bln For 1st Time In 2 Years
The securities portfolio held by local banks registered a retreat of 1% (EGP 6.256 billion) for the first time in…
NBE Rejects Adly Ayoub’s Offer To Settle Lakah’s Debt For Property Assets
The National Bank of Egypt (NBE), Al Baraka Bank of Egypt and Arab African International Bank (AAIB) will turn down…
Lenders Ask KIMA To Convert Capital To Foreign Currency
After approving to raise its capital to EGP 1.5 billion, the Egyptian Chemical Industries Company (KIMA) is asked…
Banque Du Caire Makes Decision On Contributing To El Marakby Loan Next Thursday
Banque Du Caire has given initial approval to the National Bank of Egypt (NBE) and Misr Iran Development Bank to…
Finance Ministry Sells EGP 500 Mln In 7-Year T-Bonds
The Egyptian Ministry of Finance sold 7-year treasury bonds worth EGP 500 million on Monday. The yields on the…
NBE Postpones Repayment Of EGP 400 Mln Bad Debt Until Early 2014
The National Bank of Egypt (NBE) delayed repayment of EGP 400 million worth of debts owed by customers in the…
CBE’s Governor Announces Re-launch Of Bancassurance In May
No intention to privatize banks in the near future The Central Bank of Egypt (CBE) has set the required regulations…
CBE Offers US$ 40 Mln To Local Banks At Monday’s FX Auction
The Central Bank of Egypt (CBE) offers US$ 40 million to local banks at the first FX auction in this week and the…
