banks
CBE cancels fees on bank transfer and mobile wallet
Egypt
December 26, 2022
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
December 18, 2022
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
December 6, 2022
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
October 8, 2022
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
October 8, 2022
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
October 3, 2022
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
October 2, 2022
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
September 25, 2022
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
August 30, 2022
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
August 24, 2022
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…