Egypt C.Bank to Offer US$40 Mln at Today FX Auction
The Central Bank of Egypt (CBE) will be offering on Wednesday US$ 40 million to the local banks at its 73th foreign…
Browsing Tag
Banks news
Hong Kong Bank System Outlook Cut by Moody’s on China Risk
The outlook for Hong Kong’s banking system was lowered to negative from stable at Moody’s Investors Service Inc. on…
Egypt Banks Announces July 1st Official Holiday On New FY
Banks in Egypt will be closed on 1 July due to end of 2012/13 fiscal year. Egypt’s banks and stock exchange…
World Bank to Help Developing Nations Cope with Rising Rates: Kim
The head of the World Bank said on Tuesday that the global lender stands ready to help developing countries cope…
France and China to Set up Currency Swap Line – Hollande
France is working on setting up a currency swap line with China to boost the yuan's presence in international…
NBE, SFD Sign EGP 117 Mln Contract to Finance SMEs
National Bank of Egypt (NBE) has signed a new contract this week with Social Fund for Development (SFD) at a value…
Egypt C.Bank Raises EGP16 Bln At Repo
Today, Egypt Central Bank (CBE) has offered 7-day maturity worth EGP 16 billion to the local banks at interest…
Egypt C.Bank to Raise T-bills Worth EGP13 Bln T.bills Next Tuesday
On behalf of Ministry of Finance, Egypt Central Bank (CBE) will be offering treasury bills worth EGP 13…
S Korea and Japan Currency Swap Arrangement Reduced
The currency swap arrangement between Japan and South Korea will be reduced next month to its lowest level since…
United Bank Mulls Launch Of 2 Mutual Funds for SMEs At EGP200 Mln
Mohamed Ashmawy, chairman of United Bank, announced that his bank is studying the launch of 2 investment funds for…