Banks’ Investments In T-Bills Fell EGP 4.1 Bln At End-Jan: CBE
The Egyptian banking sector’s investments in treasury bills dropped 1.5% (EGP 4.1 billion) to reach EGP 257.07…
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Central Bank of Egypt
Banks’ Securities Portfolios Drop EGP 6.2 Bln For 1st Time In 2 Years
The securities portfolio held by local banks registered a retreat of 1% (EGP 6.256 billion) for the first time in…
US Dollar Rises Against Egypt Pound, Hits EGP 6.94 In Banks
The US dollar’s exchange rate in banks against the Egyptian pound rose by one piaster and half on Monday to EGP…
CBE’s Governor Announces Re-launch Of Bancassurance In May
No intention to privatize banks in the near future The Central Bank of Egypt (CBE) has set the required regulations…
CBE Offers US$ 40 Mln To Local Banks At Monday’s FX Auction
The Central Bank of Egypt (CBE) offers US$ 40 million to local banks at the first FX auction in this week and the…
Egypt Sees IMF Loan Deal In May: Hisham Ramez
The International Monetary Fund (IMF) is really concerned to support Egypt, the IMF chief Christine Lagarde…
Egypt Black Market Receives Crushing Blow As Dollar Falls To EGP 7.30
The US dollar’s exchange rate has fell against the Egyptian pound in black market to EGP 7.30 on Sunday. Mohamed…
Egypt Central Bank Receives Libya’s US$2 Bln Loan: Sources
The Libyan government has already injected US$ 2 billion in the Egypt’s Central Bank (CBE) by the end of last week…
New Committee Formed To Adopt FATCA, includes Egypt Central Bank, FSA
Gamal Negm, Deputy Governor of the Central Bank of Egypt (CBE), announced the formation of a new committee –…
Annual Arab Banking Conference 2013 Kicks Off In Hurghada
The Union Of Arab Banks’ Annual Arab Banking Conference 2013 has kicked off Thursday morning in Hurghada in…
