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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EBC manages and develops various domestic payment ecosystems in Egypt, including the Instant Payments Network (IPN) and the InstaPay application.
12.02.2024 Ahram Online
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JP Morgan expects that any currency adjustment will be accompanied by an increase in deposit interest rates by an additional 2 percent.
12.02.2024 Egypt Today
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The change in the return rate on the NBE certificates of deposit came on Sunday, with the previous interest rate of 19.5 percent rising to 21.5.
08.02.2024 Egypt Independent
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The Egyptian government is keen to further its cooperation with the World Bank in managing state-owned companies and enhancing their efficiency.
07.02.2024 Ahram Online
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A clean float of currency means leaving the currency price to be determined by supply and demand in the market without any intervention from the CBE.
07.02.2024 Egypt Independent
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The Central Bank of Egypt (CBE) announced Monday an increase in the reserves of foreign currencies by about 30 million dollars.
06.02.2024 Ahram Online
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The IMF had postponed reviews of Egypt's current program, agreed upon over a year ago, awaiting authorities to allow a more flexible exchange rate.
05.02.2024 Egypt Today
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The 12-month non-deliverable forward contracts for the Egyptian pound against the US dollar surged to an all-time high of EGP 63.
02.02.2024 Ahram Online
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NBE has launched a new debit card for customers with US dollar accounts, named Visa Platinum, to facilitate customers' overseas purchases.
02.02.2024 Ahram Online
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This adjustment sets the rates at 21.25%, 22.25%, and 21.75% respectively, in a strategic move to curb inflation and stabilize the national economy.
02.02.2024 See news
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