NBE, Banque Misr 18% saving certificates collect LE 581B in month

Thu, 21 Apr 2022 - 12:21 GMT

The certificates were offered on the back of an exceptional decision by the Central Bank of Egypt (CBE) to raise the base rates by 1 percent.

Certificates of 2nd phase to settle exporting companies' dues issued – Min.

Mon, 01 Mar 2021 - 10:42 GMT

This step is part of the government's initiative to pay accumulated arrears and dues from the fund to the exporting companies.

‘Aman’ certificates to be launched Sunday

Sat, 03 Mar 2018 - 04:50 GMT

Four Egyptian banks will issue Sunday the Aman Certificate (Security Certificate), a new life insurance plan for casual and temporary workers.

Business News Wrap-up

Sun, 25 Feb 2018 - 05:00 GMT

A wrap-up of the most prominent business news of the day

NBE raises interest rates on savings accounts

Thu, 13 Jul 2017 - 02:10 GMT

The National Bank of Egypt (NBE) raises its interest rates on savings accounts by 0.5 percent.

NBE finalizes $9B in LoCs, import transactions since flotation

Wed, 07 Jun 2017 - 07:36 GMT

The National Bank of Egypt (NBE)’s financial import transactions and letters of credit (LoCs) have been valued at $9 billion since November.