Egypt’s second-largest public bank, Banque Misr announced plans to transform its representative office in Kenya into branch operations within three years. The Egyptian lender aims to expand its presence in …
Banque Misr
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At the start of Sunday’s transactions at Egypt’s major banks, the US dollar’s value relative to the Egyptian pound was constant. The dollar exchange rate at the National Bank of …
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The banks were Banque Misr, the National Bank of Egypt (NBE), Banque du Caire, the Bank of Alexandria, the Housing and Development Bank (HDB), and the Agricultural Bank of Egypt …
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Highlights
Egypt’s Largest State-Owned Banks Issues New ‘Highest Interest Ever’ Dollar Savings Certificate
The National Bank of Egypt (NBE) and Banque Misr, the two largest state banks in Egypt, issued two certificates of deposits denominated in US dollars with exceptional interest rates between …
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Earlier today, the National Bank of Egypt (NBE) and Banque Misr issued new three-year foreign currency saving certificates, finally catering to clients’ ongoing demands, seeking to transfer savings to dollar …
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According to CBE, Early Sunday’s transactions at Egypt’s biggest banks showed that the exchange rate of the US dollar against the Egyptian pound remained stable. The Central Bank stated that …
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At the start of Wednesday’s transactions, the dollar exchange rate appeared to be stable at Egypt’s major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar …
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The International Finance Corporation (IFC) may extend $260 million to state-owned Banque Misr for on-lending to local MSMEs and women-owned SMEs. According to the lender’s website, the IFC will fund …
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The National Bank of Egypt (NBE) reported a high turnout for its newly introduced maturity saving certificates with fixed and variable yields. The two certificates, one with a 19% fixed …
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National Bank, Banque Misr offer 3-years 19 and 22% saving certificates The National Bank of Egypt (NBE) and Banque Misr launched two new certificates of deposit (CDs) with fixed yields …