Sunday’s transactions saw stable dollar exchange rate vs Egypt pound
The start of Sunday’s transactions saw the stabilization of the dollar exchange rate at the major Egyptian banks.
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egyptian banks
Fitch: Egyptian banks’ capital ratios can withstand a further pound depreciation
Egyptian banks’ regulatory capital ratios can withstand further Egyptian pound depreciation as they are supported…
UAB: Egypt has 3rd best banking system in Arab world as for assets, deposits, loans
The Union of Arab Banks (UAB) said that Egypt has third best banking system in Arab world in terms of assets,…
Sisi: Egypt banks to help clear import backlog within four days
The banks in Egypt will help secure the necessary dollars to clear a backlog of imports piling up at ports within…
Fitch: Egyptian banks’ credit risks ease on improving economy, better operating…
Fitch Ratings said on Tuesday that pressures on Egyptian banks’ credit profiles and viability ratings have eased on…
U.S. dollar exchange rate down at Egyptian banks on Sunday
U.S. dollar exchange rate maintained its downward trend during transactions at Egyptian banks on Sunday, amid an…
Egypt lenders’ foreign currency liquidity vulnerable to external shocks: Fitch
Egyptian banks' foreign currency liquidity is still vulnerable to fluctuations in investor appetite for emerging…
Egyptian banks’ profits decline 6.1% in Q3 of FY2020 – CBE
Egyptian banks' profits dropped 6.1 percent to 36.9 billion Egyptian pounds ($2.3 billion) during the third quarter…
Egyptian banks to open until 2pm in light of curfew hours
Egyptian banks will be open from 8:30am to 2pm starting Tuesday, instead of the normal hours of 9:30am to 3pm, per…
Egyptian banks off two days for Coptic Easter, Sham El-Nessim
The Central Bank of Egypt (CBE) has given the banking sector a holiday on Sunday and Monday to mark the Coptic…
