banks

CBE: Foreign reserve rises to $34 bln in December 2022
Egypt

CBE: Foreign reserve rises to $34 bln in December 2022

The Central Bank of Egypt (CBE) on Tuesday announced that the country’s foreign reserves rose by USD 470 million to…
Gov’t denies intention of reducing financial provisions for pensions
Egypt

Gov’t denies intention of reducing financial provisions for pensions

The Cabinet Media Center has dismissed as groundless reports claiming that the government intends to reduce the financial provisions for…
CBE announces Jan 1st official holiday for banks
Egypt

CBE announces Jan 1st official holiday for banks

The Central Bank of Egypt announced in a statement, on Tuesday, that Sunday January 1, 2023, is an official holiday,…
CBE cancels fees on bank transfer and mobile wallet
Egypt

CBE cancels fees on bank transfer and mobile wallet

The Board of Directors of the Central Bank of Egypt has chosen to exempt customers dealing with electronic payment and…
Ahli United Bank – Egypt Wins “Bank of the Year- Egypt” award from The Banker (UK)
Egypt

Ahli United Bank – Egypt Wins “Bank of the Year- Egypt” award from The Banker (UK)

The Banker, an international financial publication, has awarded Ahli United Bank – Egypt as “Bank of the Year for Egypt…
Egypt sees a return of the 18% interest rates on longterm Bank deposits
Business

Egypt sees a return of the 18% interest rates on longterm Bank deposits

Many curious citizens have wondered about banks and the services they provide to customers: most importantly is the deposit savings…
CIB official explains decision to increase fees on abroad ATM withdrawals
Business

CIB official explains decision to increase fees on abroad ATM withdrawals

Several Egyptian banks on Wednesday increased fees for using payment and credit cards abroad from three percent to six percent,…
Former Lebanese ambassador holds sit-in at Beirut bank amid new wave of heists
Middle East

Former Lebanese ambassador holds sit-in at Beirut bank amid new wave of heists

A former Lebanese ambassador held a sit-in at his bank outside of the capital city of Beirut on Tuesday, refusing…
CBE: Thursday day off for all banks
Egypt

CBE: Thursday day off for all banks

The Central Bank of Egypt said that Thursday, October 6, will be a day off for all banks operating in…
US dollar exchange rate stable at major banks in Egypt
Egypt

US dollar exchange rate stable at major banks in Egypt

The US dollar exchange rate was stable at the beginning of Sunday’s transactions at Egypt’s major banks. At the National…
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