banks

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…
CBE raises required reserve ratio from 14% to 18%
Business

CBE raises required reserve ratio from 14% to 18%

The Central Bank of Egypt decided on Saturday to raise the required reserve ratio in banks from 14 percent to…
US dollar exchange rate increases against Egyptian pound on Tuesday
Business

US dollar exchange rate increases against Egyptian pound on Tuesday

The US dollar exchange rates witness a slight rise in Egyptian banks on Tuesday. Prices The US dollar against the…
US dollar maintains stable rates in Egypt on Wednesday
Egypt

US dollar maintains stable rates in Egypt on Wednesday

The US dollar exchange rate witnessed stability in Egyptian banks at the beginning of Wednesday’s trading. Here are the prices…
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