CBE Requires EGP32 bln Deposit Operations from Banks Today
The Central Bank of Egypt (CBE) has demanded from the banks operating in the banking sector on Tuesday EGP 32…
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Banking Sector
C.Bank Reviews Interest Rates Today, Expecting to Keep Price Steady
The monetary policy committee of the Central Bank of Egypt (CBE) is holding on Thursday in order to look into…
CBE Governor Says Banks Deposit Hit EGP1.2 tln by August-End
Hisham Ramez, the Governor of the Central Bank of Egypt (CBE), denied media rumors which reported a decline of…
Egypt. C.Bank Says EGP 61 bln Allocates to Banks June-End
The banking sector's allocations has recorded EGP 1.2 (2.1%) billion move up to EGP 61.3 billion at the end of…
CBE Offering $ 1.3 bln Exceptional FX Auction Wednesday
The Central Bank of Egypt (CBE) has announced yesterday 3/9/2013 that it will be holding an exceptional dollar $…
Fear of Renewed Clashes; Egypt Banks to Close at 1:00 PM
Number of mangers of banks branches in Egypt said the banking sector will continue to halt their activities by 1:00…
Egypt C.Bank Raises EGP15 Bln At Repo
Today, Egypt Central Bank (CBE) has offered 7-day maturity worth EGP 15 billion to the local banks at interest…
Bahrain Banks Post Profits Exceeding $1 Billion in Q1 2013
The combined net profits of Bahrain’s banks nearly doubled to $1.1 billion in the first three months of this year,…
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…
Consumers Warming Up To Mobile Wallet
An increased demand for mobile wallet services is set to fuel growth in the local banking sector, according to…
