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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Egypt’s attempt to preempt a collapse in the currency isn’t convincing investors it can avoid an eventual devaluation.
12.11.2015 Bloomberg
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Al Ahli paid $150 million for the stake in the Greek lender's Egyptian unit.
11.11.2015 Ahram Online
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On Sunday, Egypt's largest two state-owned banks launched savings certificates for Egyptian pounds at an interest rate of 12.5 percent.
11.11.2015 Ahram Online
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UNB supports Emirati investors in Egypt, and issued letters of guarantee worth $150m for the National Drilling Company to dig the New Suez Canal.
09.11.2015 Daily News Egypt
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CBE has given permission to trade dollars up to 0.10 EGP and 0.15 EGP above or below the official rate at banks and exchange bureaus.
02.11.2015 Star Africa
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World Bank and African Development Bank delegation met Prime Minister Ismail to reaffirm commitment to cooperate in reviving the country's economy.
25.10.2015 Zawya
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Predecessor Hisham Ramez reportedly faced increasing criticism for his reluctance to devalue the Egyptian pound.
25.10.2015 Middle East Eye
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The central bank faced increased pressure to devalue as the black market burgeoned, offering a lifeline to businesses unable to access enough dollars
24.10.2015 The Daily Star
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Amer will take charge of the central bank after the end of Ramez’s term on Nov. 26.
21.10.2015 Bloomberg Business
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NBE ranked first in Egypt and Africa and third in Middle East and North Africa in field of syndicated loans, according to Bloomberg Foundation.
21.10.2015 Daily News Egypt
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