Commercial International Bank Egypt announced Tuesday, that it would raise the interest on Certificates of Deposit (CDs) for a year and a half.
12.01.2023
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News by
Egypt Independent
The health, interior, foreign, and defence ministries are exempted, as well as agencies tasked with expenditure on subsidised food products and energy
11.01.2023
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News by
Reuters
He pointed out that the new certificates offered by Banque Misr and Al-Ahly Bank, at a rate of 25%, contribute to collecting funds.
11.01.2023
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In a letter of intent to the IMF dated Nov. 30, the government said it sought the support after the war in Ukraine increased existing vulnerabilities.
11.01.2023
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News by
Zawya
The IMF approved in December a 46-month loan for Egypt under the Fund’s Extended Fund Facility (EFF) to address the impacts of the war in Ukraine.
11.01.2023
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News by
Ahram Online
The transaction was carried out on 1.90mln of the bank’s shares.
11.01.2023
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News by
Zawya
The report detailed the main targets and commitments the government has pledged under the four-year programme.
11.01.2023
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News by
Ahram Online
Reforms since 2014 ease macroeconomic imbalances, enhance performance of energy sector, and mobilize financing enabled the country to face crises.
10.01.2023
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News by
Egypt Today
The certificates are also available at a 22.5 percent yield for monthly disbursement.
09.01.2023
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News by
Ahram Online
The head of Banque Misr confirmed that this scenario had been repeated before, as banks offered certificates and savings with a 20% return in 2017.
07.01.2023
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With more than Dh147 billion ($40 billion) in assets at the end of September, ADIB is also active in Saudi Arabia, the UK, Sudan and Iraq.
07.01.2023
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News by
The National News
Bahrani Arab Banking Corporation (Bank ABC) has completed the legal merger of its two Egyptian subsidiaries BLOM Bank Egypt and Bank ABC Egypt.
07.01.2023
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News by
Zawya
Economists said that Banque Misr’s announcement on Wednesday of a one-year savings certificate with 25 interest rate will help to curb inflation.
06.01.2023
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News by
Egypt Independent
NBE announced on Thursday that 140 of its branches nationwide will be opened on both Friday (from 2 PM to 6 PM) and on Sunday (from 9 AM to 3 PM).
06.01.2023
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News by
Ahram Online
Bank confirms acquisition of additional 2.4% stake in ADIB Egypt.
06.01.2023
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News by
Zawya
This is the highest ever in Egypt. return of the certificate is paid at 25% interest at the end of the term, or at a monthly rate of 22.5%.
05.01.2023
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News by
Egypt Today
The two banks have now become a single legal entity after receiving final regulatory approvals, including those of the Central Bank of Egypt.
05.01.2023
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News by
Marketscreener
The Central Bank announced that the balance of foreign exchange reserves increased to $34.002 billion at the end of December 2022.
05.01.2023
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News by
asumetech
The CBE uses the proceeds of this T-bills bid to pay the value of a previous bid submitted by the bank on 4 January 2022 at a value of $852.9m.
04.01.2023
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News by
Daily News Egypt
The ability of the banking sector to deal with the current situation contributed to the release of commodities worth more than six billion dollars.
03.01.2023
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