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 …
NBE
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EconomyHighlights
Including HDB… Several Banks to Increase Loan Offerings
by Asmaa Elwahyby Asmaa ElwahyThe 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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EconomyHighlights
Egypt’s Commercial Bank launches 6 percent 1-year USD certificates in Egypt
by Asmaa Elwahyby Asmaa ElwahyThe Commercial International Bank (CIB) introduced a new one-year USD-denominated certificate of deposit (CD) with a monthly yield of 6 percent. The minimum investment for the new CDs is $10,000, …
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Highlights
Egypt’s Largest State-Owned Banks Issues New ‘Highest Interest Ever’ Dollar Savings Certificate
by Nada Khaledby Nada KhaledThe 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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Highlights
CBE Lists Average Rates for Dollar, Euro, Sterling, Saudi Riyal
by Nada Khaledby Nada KhaledAccording 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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HighlightsNews
Dollar Price Remains Stable on Wednesday’s Transactions
by Nada Khaledby Nada KhaledAt 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 National Bank of Egypt (NBE) is the first bank in Egypt and Africa to earn the ISO 27001:2022 information security certification from the British Standards Institution (BSI), making it …
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