Bank Audi –Egypt has participated with EGP260 million stake in the directed loan for Misr Petroleum Company …
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Banking Sector
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Vodafone Egypt is seeking to sign loan worth EGP4 billion with 7 banks in banking sector before …
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Central Bank of Egypt’s Governor Hisham Ramez asserted on Tuesday evening that his country has no intentions …
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Financial Institutions
Fitch Affirms Saudi Arabia Ratings at ‘AA’; Outlook Stable
by Salma Aymanby Salma AymanFitch Ratings has affirmed on Friday Saudi Arabia’s Long-term foreign and local currency Issuer Default Ratings (IDRs) …
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Wissam Fattouh, Secretary General of Union of Arab Banks said the Union has recently signed an agreement …
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Banks
EBC in Talk with 2 Egyptian Banks to Launch Money Transfer Service
by Salma Aymanby Salma AymanEgyptian Banks Company for Technological Advanced (EBC) negotiates with two banks operating in the banking sector to …
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The outlook for Egypt’s banking system is negative because of political instability and banks’ increasing exposure to …
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Banks
C. Bank Gets EGP55 bln in 26th Auction of Deposit Operation Today
by Salma Aymanby Salma AymanThe Central Bank of Egypt (CBE) has obtained on Tuesday around EGP55 billion domestic surplus liquidity from …
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The Central Bank of Egypt (CBE) has announced in a statement that it will be holding an …
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Banks
CBE: Domestic Liquidity Hits EGP1.3 tln, Foreign Assets Fall by EGP2.5 bln
by Salma Aymanby Salma AymanThe total domestic liquidity of the banking sector registered EGP1.348 trillion at the end of October 2013, …