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Banks
Egyptian Banks Will Resume Activities Regularly by Sunday
The Central bank of Egypt (CBE) has issued its instructions to the banks operating in the Egyptian market in order…
Socgen Plans $300 mln Sukuk Program in Malaysia – Sources
Societe Generale (SOGN.PA: Quote) will launch a 1 billion ringgit ($300 million) Islamic bond program in…
Egypt Central Bank Offers US$40 mln at Thursday’s FX Auction
The Central Bank of Egypt (CBE) has offered its last foreign exchange auction for this week valued at US$ 40…
SFD Says Total Loans Offered to SMEs Hit EGP1.2 bln by June-End
The Social Fund for Development (SFD)’s total loans offered to the Small and Medium-sized Enterprises (SMEs) have…
SEC’s Jpmorgan Probe Threatens Cozy Tradition Of “Client Hires”
The U.S. government's bribery investigation into JPMorgan's employment of at least two Chinese bankers has prompted…
SAIB : Total Individuals’ Funds Hit EGP 540 Mln
The total value funding in Societe Arabe Internationale De Banque (SAIB) reached EGP 540 million by the end of June…
IDWBE Offers EGP 25 Mln Credit Facilities to Paper Firm in Default
Industrial Development Bank and Workers bank of Egypt (IDWBE) has finalized from floating rate debts in default…
Capital Intelligence Cuts CIB Egypt’s Long-term Foreign Currency Rating to…
Global ratings agency Capital Intelligence has downgraded the long term foreign currency rating of Commercial…
Egypt Central Bank Raises $40 mln at FX Auction
The Central Bank of Egypt (CBE) has offered today its second foreign exchange auction for this week totaled US$ 40…
Despite Unrest, Egypt Central Bank Delays Its Repo Auction
Egypt's Central Bank (CBE) decided on Tuesday to postpone offering its repurchase agreements (Repo) for the third…