Banks Bankers Criticize CBE’s Refusal to Give More Islamic Banking Licenses Administrator Apr 2, 2012 0 Some bankers criticized Central bank of Egypt’s refusal to give more Islamic banking licenses to four commercial…
Financial Institutions Finance Ministry Launches 10-Year Bonds Administrator Apr 2, 2012 0 Ministry of Finance aims to sell 10-year bonds for the first time since the start of its revolution more than a…
Financial Institutions MOF Offers EGP 150 mln in T-Bills And Bonds Administrator Apr 1, 2012 0 Ministry of Finance plans to offer treasury bills with four maturity categories; namely 91-day, 182-day, 273-day…
Banks CBE Disapproves Giving More Islamic Banking Licenses Administrator Apr 1, 2012 0 Central Bank of Egypt (CBE) rejected demands from four commercial banks asking to have Islamic banking licenses…
Banks Debate On Foreign Reserves Retreat to US$ 10.4 bln Next June Administrator Mar 29, 2012 0 Egypt’s foreign reserves will decline from US$ 15.7 billion as reported in Last February to US$ 10.4 billion by…
Banks CBE Takes Control Over AIB Administrator Mar 28, 2012 0 Central Bank of Egypt (CBE) announced that Arab International Bank's (AIB) Extraordinary General Assembly approved…
Banks Foreign Investors Are Wary of Raising Exchange Rates; Bankers Administrator Mar 27, 2012 0 Banking experts demanded that exchange rate shall be determined by supply and demand factors…
Banks Deficit Posts $ 8 bln During The last 6 Months: CBE Administrator Mar 25, 2012 0 Balance of Payments posted a total deficit of US$ 8 billion in from the period from July to December in FY…
Banks Debts And Provisions… Main Challenges To Apply Basel II in Egypt Amwal Al Ghad English Mar 25, 2012 0 A number of experts in the banking sector affirmed that specialized banks will face several challenges to apply the…
Banks Adnan Youssef: CBE Protects Egyptian Banks Against Financial Crisis Administrator Mar 25, 2012 0 Adnan Youssef, Chairman of the Union of Arab Banks and President & Chief Executive of Al Baraka Banking Group,…