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…
Banks Egypt’s central bank sells $104.5mn at regular foreign currency auction Tuesday Yomna Yasser Mar 22, 2016 0 Egypt's central bank has kept the pound stable at 8.78 per dollar at its regular foreign currency auction Tuesday…
Banks Yields on Egypt’s Tbond jump after rate hike aya salah Mar 22, 2016 0 Yields on Egypt's 1.5-year zero coupon, 3-year and 7-year bonds jumped aggressively at an auction on Monday after…
Banks 3 state banks raise rates on deposits after Egypt c.bank move Yomna Yasser Mar 21, 2016 0 Three state banks have raised prices on returns, in response to the Central Bank of Egypt’s (CBE) decision to raise…
Financial Institutions Fitch says Egypt pound devaluation ‘credit positive’, economic challenges remain Yomna Yasser Mar 21, 2016 0 Decisions by the Central Bank of Egypt (CBE) last week, including a devaluation of the Egyptian pound, are broadly…
forex news JP Morgan sees devaluation of Egyptian Pound by 35% in 2016 Yomna Yasser Mar 19, 2016 0 US-based financial services firm, JP Morgan forecasts that the Egyptian pound will be devalued by 35 percent in…