banks

US dollar prices continue decline against Egyptian pound in several banks
Egypt

US dollar prices continue decline against Egyptian pound in several banks

US dollar prices continued declining against the Egyptian pound in several banks on Wednesday. According to the latest update prices…
CBE launches LE7 billion initiative to help banks fund larger companies
Business

CBE launches LE7 billion initiative to help banks fund larger companies

The Central Bank of Egypt (CBE) on Sunday launched a seven billion LE pledge issuance initiative for the Credit Risk…
US dollar stabilizes against Egyptian pound exchange rates
Business

US dollar stabilizes against Egyptian pound exchange rates

The US dollar maintained its prices against the Egyptian pound’s exchange rates on Monday, recording LE16.11 for purchase and LE16.24…
African American banks pivotal as ever for minorities in US
World

African American banks pivotal as ever for minorities in US

When she needed capital to expand her business, Ernisha Randolph was just one of countless African Americans to encounter roadblocks…
Lebanon central bank to give dollars for food imports, defend currency
Middle East

Lebanon central bank to give dollars for food imports, defend currency

BEIRUT (Reuters) – Lebanon’s central bank will start providing dollars for food imports as part of “necessary measures” to defend…
Lebanon banks reject rescue plan as government asks IMF for help
Middle East

Lebanon banks reject rescue plan as government asks IMF for help

BEIRUT/LONDON (Reuters) – An economic rescue plan that will form the basis of Lebanon’s talks with the International Monetary Fund…
Lebanon bank attacked with explosive amid economic crisis
Middle East

Lebanon bank attacked with explosive amid economic crisis

Assailants lobbed an explosive device at a bank in Lebanon Saturday, in the latest attack on financial institutions in a…
CBE suspends work for Resurrection Sunday and Sham al-Nassim
Health & Fitness

CBE suspends work for Resurrection Sunday and Sham al-Nassim

The Central Bank of Egypt (CBE) has suspended work across all its banks for April 19 and April 20 due…
Egypt postpones Banque du Caire stake sale due to coronavirus: chairman
Egypt

Egypt postpones Banque du Caire stake sale due to coronavirus: chairman

CAIRO (Reuters) – Egypt has postponed its plans to sell a minority stake in state-owned Banque du Caire (BQDC.CA) in…
Central Bank of Egypt expands base of beneficiaries for LE100 bn stimulus initiative
Business

Central Bank of Egypt expands base of beneficiaries for LE100 bn stimulus initiative

The Central Bank of Egypt (CBE) on Sunday decided to expand the base of beneficiaries for its LE100 billion stimulus…
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