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 yield of golden certificates (three-year term starting from $500) will reach 5.30% annually, 5.25% biannually, 5.20% quarterly or 5.15% monthly.
09.10.2022 Ahram Online
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Banks spotted manipulation practices from some companies and individuals using their cards to withdraw foreign exchange abroad.
09.10.2022 Daily News Egypt
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The EBRD’s volume of investments in Egypt – a founding member of the bank – stands at nearly one billion Euros annually.
02.10.2022 Ahram Online
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CBE recently decided to keep interest rates unchanged and raise the Reserve Requirement (RR) ratio for the first time in five years.
28.09.2022 Ahram Online
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On the global level, the CBE said that forecasts for global economic activity have been dampened due to the conflict between Russia and Ukraine.
25.09.2022 Ahram Online
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Egypt achieved a primary surplus in FY 2021/2022, amounting to 1.3 percent of GDP.
22.09.2022 Ahram Online
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The median forecast in a poll of 15 analysts is for the bank to raise its deposit rate to 12.25% and its lending rate to 13.25%.
21.09.2022 Reuters
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The loan follows the success of the Green Economy Financing Facility (GEFF) in Egypt and will support an expansion of green lending.
13.09.2022 Daily News Egypt
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The Central Bank of Egypt (CBE) announced that the annual inflation rate rose by 16.7 percent in August, compared to 15.6 percent in July.
12.09.2022 Ahram Online
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EBRD President added that Egypt is going through a period of transformation that is highly competitive.
12.09.2022 See news
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