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Banks
CBE: T-bills Hit its Highest, Soar To EGP15 Bln By March-End
The volume of investments in the Egypt’s government debt instruments “treasury bills” has hit a new record, jumping…
Banque Du Caire Reissues US$ 40 Mln L/C for Citadel’s ERC
For the second year in a row, Banque Du Caire agreed last May to issue US$ 40 million Letter of Credit for the…
NBE, 5 Banks To Grant Semaf € 96 Mln This June
As being the main loan arranger, the National Bank of Egypt (NBE) is planning to grant the railway equipment…
Deutsche Bank ‘Horribly Undercapitalized’ – U.S. Regulator
A top U.S. banking regulator called Deutsche Bank's capital levels "horrible" and said it is the worst on a list of…
Banque Du Caire to Grant Ezz Steel Extra EGP 30 Mln
Banque Du Caire has agreed to inject EGP 30 million additional to Ezz Steel's EGP 1.8 billion to amount to EGP 2.5…
CBE Offers US$ 40 Mln at FX Auction on Thursday
Egypt’s Central Bank (CBE) has offered on Thursday US$ 40 million to local banks at its 68th auction and the 51th…
Emerging Markets At Risk When Loose Policies End -World Bank
The World Bank said eventual monetary tightening in advanced economies could crimp growth in emerging markets as…
Banque De Caire To Pump US$ 140 Mln in 3 USD Syndicated Loans
Banque De Caire is planning to inject US$ 140 million in form of 3 dollar-dominated syndicated loans in the banking…
Ezz Steel To Obtain Loan Worth EGP 2.5 Bln
The loan’s arrangers, included National Bank of Egypt (NBE), Banque Misr & Banque De Caire, have agreed to pump…
Egyptian Banking Institute to Hold Seminar Today
Egyptian Banking Institute will be organizing a seminar on Wednesday, entitled “The Developmental Role of…