A comprehensive overview of banks in Egypt - including state-owned, private, and international institutions, as well as the latest finance news. See also the
Top10 banks in Egypt.
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The CBE said earlier it would require lenders to apportion 20 percent of their total loaning portfolio for SMEs, with interest rates below 5%.
19.01.2016 Ahram Online
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The governor said that the push to coordinate economic policy with the government was an indication to Egypt’s determination to enact reforms.
15.01.2016 The Daily Star
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CBE decision will help reduce credit investments given to VIP clients from 20 to 15% It will also reduce investments in monetary fund from 5 to 2.5%.
14.01.2016 All Africa
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Central Bank cut the maximum amount that banks are allowed to lend to a single client to 15 percent of their Tier One capital, down from 20 percent.
12.01.2016 Reuters
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Egypt's economic growth is forecasted to slow to 3.8 percent in fiscal year 2015/16 from 4.2 percent expected in 2014/15.
08.01.2016 Ahram Online
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Egypt has found a lifeline in tens of billions of dollar loans and deposits from Gulf countries.
06.01.2016 Star Africa
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The loan will be guaranteed by the Italian central bank and the Italian export development authority,
05.01.2016 Ahram Online
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CBE has agreed with the government to collaborate on designing policies that “will contribute positively to economic growth and job creation.”
26.12.2015 Bloomberg Business
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Earlier this month the CBE said it changed the way it allocated dollars at its regular foreign exchange auctions, which it holds three times a week.
26.12.2015 Business Recorder
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The deal gives Egypt free trade access to seven new African nations.
26.12.2015 Ahram Online
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