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Latest in Banking


NBE extends working hours at 64 branches for tax e-payment services

The National Bank of Egypt (NBE) decided to extend its working hours at 64 branches until 6:00 pm to provide electronic tax payment services in the periods between 24-31 March and between 22-30 April. The NBE will limit its services after normal working hours to tax payment services in order to achieve a successful tax …

Daily News Egypt

CBE, AFI co-organise working group meetings in Cairo

The Central Bank of Egypt (CBE) and the Alliance for Financial Inclusion (AFI) launched jointly a series of key working group meetings in Cairo on Monday 11 March. This is the second event co-organised by the two institutions. Deputy Governor of the CBE, Lobna Helal, and Deputy Executive Director of the AFI, Norbert Mumba inaugurated …

Daily News Egypt

Attijariwafa Bank, Global Lease sign SME support protocol

Attijariwafa Bank Egypt and Global Lease Company have signed a joint protocol to support the small and medium-sized enterprises (SMEs), through financing the capital expansions and providing financial leasing services. Under this protocol, Attijariwafa Bank will focus on regulating, financing, and collecting the agreed instalments, while Global Lease will act as the lessor and collateral …

Hossam Mounir

$1.44bn increase in foreign reserves to $44.06bn end-February: CBE

The foreign exchange reserves at the CBE have increased by $1.44bn by the end of February 2019, reaching $44.06bn, compared to $42.617bn by end of January 2019. The foreign exchange reserves recorded an all-time high by the end of November 2019, when they reached $44.51bn. The CBE has not revealed the reason behind the increase …

Hossam Mounir