Egypt central bank to keep currency stable at regular FX auction: bankers
Egypt's central bank will keep the Egyptian pound stable at 8.78 to the dollar at its weekly foreign exchange…
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Egypt’s central bank
United Bank of Egypt braces for major cut in bad loans before year-end
Egypt’s state-run United Bank seeks to reduce its portfolio of bad loans to 2.5 billion Egyptian pounds ($281.5…
Egypt central bank issues treasury bonds worth 4 bln Egyptian pounds today
Egypt’s central bank is issuing Monday treasury bonds worth 4 billion Egyptian pounds ($450.7 million) to finance…
Egypt central bank to issue treasury bills worth $2.3 bln today
Egypt’s central bank will be issuing Sunday treasury bills worth 20.25 billion Egyptian pounds ($2.3 billion) to…
Top50 Women Forum honours Rania al-Mashat for joining IMF
In recognition of her significant role in the Egyptian banking sector, a 50-member woman-led forum has honoured…
Egypt central bank chief claims report on IMF loan ‘incorrect’
“The figures quoted concerning a loan from the International Monetary Fund (IMF) are incorrect,” Egypt's central…
IMF mission seen in July as Egypt starts $5 bln loan talks: minister
A delegation from the International Monetary Fund (IMF) is expected to visit Egypt next June to resume talks over a…
Cairo court ‘voids’ central bank’s 9-year term limit decree for bank CEOs
An Egyptian court has quashed Sunday the central bank’s decision to put a time limit on the tenures of chief…
Egypt central bank pumped $15.694 bln into banks in Nov-April
Egypt's central bank injected $15.694 billion into the country's banks from November through April through both…
Egypt’s largest state bank to boost SME financing in FY2016/7 by 30%
The National Bank of Egypt (NBE), the country’s largest public lender, plans to extend its portfolio of financing…