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 noted that the measures are meant to facilitate individuals’ transactions with banks operating in Egypt.
09.03.2016 Star Africa
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Egypt’s reserve of foreign exchange increased from $33.16 billion at the end of October 2015 to the end of the $533.16 billion last February.
04.03.2016 Star Africa
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The NBE will repay the loan over eight years, including a three-year grace period.
04.03.2016 Ahram Online
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Ramez will serve as Vice-Chairman and Managing Director of Egypt's largest listed company.
29.02.2016 Ahram Online
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The central bank had directed local banks to prioritize giving dollars to pharmaceutical companies to import medicine and supplies.
24.02.2016 Canadian Business
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The Central Bank of Egypt excluded manufacturing inputs from the requirement on importers to provide 100% cash deposits on their letters of credit.
24.02.2016 Ahram Online
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The United Bank was formed out of the merger of three failing banks which the central bank acquired in 2006.
23.02.2016 Banking and Finance
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EBRD continues to support SMEs in Egypt, providing a US$ 30 million to Bank Audi SAE Egypt for on-lending to SMEs.
13.02.2016 Financial
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Egypt, which relies heavily on imports, has been facing a shortage of foreign currency since a 2011.
06.02.2016 Zawya
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The government projects growth of around 5.5 percent this fiscal year, compared with an estimated 4.2 percent in 2014/15
30.01.2016 Ahram Online
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