Fitch Ratings has upgraded the credit ratings of all four major Egyptian banks following the recent upgrade of Egypt’s sovereign rating. The upgrades, which reflect the strong link between the …
Egyptian Banks
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The Central Bank of Egypt (CBE) has announced that it will suspend the operations of all Egyptian banks on Thursday, July 11, to mark the occasion of the Hijri New …
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The Central Bank of Egypt has announced that operations in all Egyptian banks will be suspended on Sunday, June 30, the anniversary of the June 30 Revolution. Amwal Al Ghad …
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Earlier this week, several banks in Egypt, including the National Bank of Egypt, Banque Misr, and CIB, announced their decision to increase credit card foreign currency transaction limits by 50% …
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The Central Bank of Egypt (CBE) announced the sale of fixed-return deposits worth EGP 872.550 billion through the 7-day open market mechanism. On its official website, the Central Bank disclosed …
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The exchange rate of the United States Dollar remained stable at the beginning of Tuesday’s transactions at Egypt’s major banks. The National Bank of Egypt (NBE), Banque Misr, and the Commercial International …
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On Sunday, the dollar fell from EGP 50.70 in some banks to EGP 47.76 to buy and EGP 47.90 to sell. Today, the dollar price at the Central Bank of …
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The Central Bank of Egypt (CBE) has just instructed banks to remove limits on foreign spending for all credit cards. The bank’s decision aims to strengthen the stability of the …
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On Thursday, January 25, Egypt’s Minister of Social Solidarity, Dr. Nevine Al-Kabbag launched the “Herafy” or “Craftsman” Program, in collaboration with the Central Bank of Egypt and several Egyptian banks to …
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According to CBE, the dollar exchange rate remained stable at the start of Thursday’s transactions at Egypt’s major banks. The dollar rate at the National Bank of Egypt (NBE) and …