06 Apr 2015
The Central Bank of Egypt gave no instructions to lenders operating in the country not to replace $100 notes with smaller units when conducting transactions for clients, several bankers told the Daily News"...Continue Reading
05 Apr 2015
Barclays Egypt aims to increase its credit portfolio to EGP 9bn by the end of 2015, said Mohamed Sherif, head of the bank’s financial sector.
The bank’s credit portfolio reached EGP 5.2bn by the end of 2014, and Barclays aims to boost it by EGP 3.8bn, Sherif explained.
02 Apr 2015
31 Mar 2015
In a speech given on behalf of the Central Bank of Egypt (CBE) Governor, Hisham Ramez, CBE Deputy Governor Gamal Negm said that banks in Egypt should meet the financial needs of small and medium enterprises"...Continue Reading
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