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 median forecast in a poll of 12 analysts is for the bank to raise its deposit rate to 15.25% and its lending rate to 16.25%.
22.12.2022 Reuters
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The bank noted that the loan would promote diversification and enhancement of the company’s value chain by adding new suppliers from private sector.
21.12.2022 Zawya
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The Egyptian government filed for the new IMF loan in March to address the severe impacts of the Russian-Ukrainian war on the country’s economy.
21.12.2022 Ahram Online
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A heavily managed exchange rate has not served Egypt well. It has led to periods of building imbalances.
20.12.2022 Egypt Independent
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CBE is not responsible for backing such initiatives, but it is a must that the government offers backing to such sector.
20.12.2022 Egypt Today
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The bank's net income from returns grew by 19% annually in Q3-22.
19.12.2022 Zawya
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The $620 billion sovereign wealth fund would carry out the transaction through the Saudi Egyptian Investment Company (SEIC).
19.12.2022 Zawya
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The Banker, an international financial publication, has awarded Ahli United Bank – Egypt as “Bank of the Year for Egypt in 2022” in London.
19.12.2022 Egypt Independent
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The approval on Friday by the IMF executive board will enable an immediate disbursement of about $347 million.
18.12.2022 Bloomberg Business
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Rady said that the consultations aim to support the national efforts in Egypt to preserve the path of comprehensive development.
17.12.2022 See news
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