Banks Banks pay no heed to CBE’s interest rate increase aya salah Jul 3, 2016 0 Even though it has been two weeks since the Central Bank of Egypt (CBE) lifted its main interest rates by 1%,…
Banks National Bank of Egypt raises interest rates after central bank hike Yomna Yasser Jun 20, 2016 0 The National Bank of Egypt (NBE), the country’s largest public lender, approved to raise the interest rate by 1…
Egypt News Egypt’s central bank raises interest rates 100 basis points aya salah Jun 18, 2016 0 The Central Bank of Egypt (CBE) has decided to raise interest rates by 100 basis points after core inflation rate…
Banks Economists vary on interest rate decision amid Egypt’s record core inflation aya salah Jun 14, 2016 0 Five economists had different predictions on whether Egypt's central bank would raise or hold interest rates at its…
Banks Egypt to issue $700mn in US dollar denominated one-year treasury bill on June 14 aya salah Jun 9, 2016 0 Egypt's Finance Ministry will issue $700 million in one-year dollar-denominated treasury bills to local banks and…
Banks CBE sold around $16 bln to banks in six months aya salah Jun 9, 2016 0 The Central Bank of Egypt (CBE) has injected around $16 billion into domestic banks from November 2015 to April…
Real Estate Banque Du Caire finances 6229 units among CBE mortgage finance initiative aya salah Jun 7, 2016 0 Egypt’s third biggest public lender Banque Du Caire financed 6229 housing units among Egypt’s central bank (CBE)…
Banks Regional banks planning to open branches in Egypt: c.bank chief Yomna Yasser Jun 5, 2016 0 Some regional banks, including UAE lenders, intend to inaugurate branches in Egypt, the governor of the Egyptian…
forex news Egyptian pound decreases against dollar on black market aya salah Apr 18, 2016 0 The Egyptian pound has been weakened in the informal market to a record low against the US dollar as a foreign…
Banks Egypt central bank sets 9-year term limit for banks’ CEOs Yomna Yasser Mar 24, 2016 0 Chief executive officers of banks in Egypt, including those in the private sector, will have to step down after…