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Banks
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…
Egypt Sees IMF Loan Deal In May: Hisham Ramez
The International Monetary Fund (IMF) is really concerned to support Egypt, the IMF chief Christine Lagarde…
HSBC Reviewing Iraq Ops, Continues Egypt Investment –Executive
HSBC Holdings is reviewing its operations in Iraq while continuing to invest in Egypt despite a challenging…
Finance Ministry Sells 91-, 273-Day T-Bills Worth EGP 6 Bln
The Egyptian Ministry of Finance sold 91- and 273-day treasury bills worth EGP 6 billion on Sunday. The Ministry…
Kandil Dismisses Agricultural Credit Bank Chairman
The Egyptian Prime Minister Hesham Kandil has dismissed Mohsen El-Batran, chairman of the Principal Bank for…
NBE Achieves EGP 300 Mln Capital Profit
The National Bank of Egypt (NBE) achieved capital profits of EGP 300 million in the last period after the sale of…