The International Monetary Fund’s (IMF) executive board approval for a new loan programme will help boost Egypt’s …
dollar liquidity
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Egypt’s second-largest state-owned bank, Banque Misr is planning to borrow $550 million from foreign lenders before the …
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Banks
Banque Misr negotiating $500 million loans from Credit Suisse, ADIB
by Yomna Yasserby Yomna YasserEgypt’s second biggest bank, state-owned Banque Misr is negotiating $500 million agreements with Credit Suisse Group and …
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Financial Institutions
Moody’s: Egypt’s USD certificates ‘positive’, but ‘insufficient to quell liquidity pressures
by Yomna Yasserby Yomna YasserThe sale of US certificates for sale to Egyptian expatriates will increase the three government-owned banks’ dollar …
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Banks
Moody’s: Egypt c.bank’s USD deposit increase move won’t ease liquidity pressures
by Yomna Yasserby Yomna YasserMoody’s said in a latest report Monday that the Egyptian central bank’s recent measure to increase the …
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Banks
Bank Audi Egypt to seal EBRD, EIB loan deal this month: official
by Yomna Yasserby Yomna YasserBank Audi SAE, Egypt’s eighth largest commercial bank, will sign this December a loan agreement with the …
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Egypt’s Central Bank will inject more dollar liquidity in the coming month, the presidency’s office said in …
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Bank Audi SAE, the eighth largest commercial bank in Egypt, is in ongoing talks with some European …
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The Central Bank of Egypt (CBE) has reached an agreement with the Federation of Egyptian Chambers of …
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The Egyptian dollar-denominated certificate of deposit launched by the National Bank of Egypt (NBE), Banque Misr, National …