Egypt’s EGX, banks to start five-day holiday in April
Egyptian banks and the country's stock exchange will be closed for five days starting next Wednesday, to celebrate…
Browsing Tag
Banks
NBE creates 2 mln banks accounts enhancing financial inclusion
National Bank of Egypt, the country's largest bank by assets, created 2 million bank accounts during the financial…
Banks offer loans of EGP1.802 tn to customers in December: CBE
Total loans provided to bank customers, excluding the Central Bank of Egypt, increased by EGP 44 billion in…
Moody’s assigns positive outlook for Egypt’s banks on strong economy
Moody's Investors Service has maintained its positive outlook on Egypt’s banking sector, buoyed by an improving…
Dollar stable at major banks after wave of drops against EGP
The exchange rate of US dollar was relatively stable during morning transactions on Tuesday at major banks after a…
Egypt’s foreign currency reserves rise $42.6bn at 2018-end
Egypt’s foreign currency reserves increased to $42.6 billion at the end of 2018, the highest level in years, the…
Egypt’s Pharos Research sets FV of 10 EGX-listed banks
Egypt's Pharos Research has set the fair value (FV) of ten banks listed in the Egyptian Exchange (EGX), according…
Banks aid Saudi gain, Dubai falls on real estate
Saudi stocks rose early on Monday, a day after falling to a one-month low, as banks rebounded and oil prices gained…
Egyptian Banks’ deposits rise to 3.606 trillion pounds in August
A recent report by the Central Bank of Egypt (CBE) showed that deposits in the banking sector rose slightly at the…
Banks’ investments in Egyptian government securities fall 1.2% in April
Banks in Egypt invested around 642.03 billion Egyptian pounds ($36 billion) in the government securities during…