CBE announces financial soundness indicators of Egyptian banking system during H1 2021
Total financial position of banking operating in Egypt increases to EGP 7.948trn
Latest in Tag: banking system Highlight
Latest in Tag: banking system
Payment of public salaries to be fully automated by October: E-Finance
Approximately 1.36m cards were distributed to employees in 2015
Egypt banks under fire for alleged funds smuggling
By Nasser Youssef and Mahmoud Sheneshan An investigative report conducted by the BBC hinted at the involvement of the Egyptian banking system in transferring funds abroad for figures of toppled Egyptian president Hosni Mubarak’s regime. The report said that part of the funds were smuggled abroad by banks that were not subject to the supervision …
Qatar builds yield curve with T-bill issues
By Mala Pancholia and Rachna Uppal /Reuters DUBAI: Qatar’s decision to expand its issues of Treasury bills is succeeding in draining excess liquidity from the banking system, but it also appears to have another, long-term policy purpose: building a complete Qatari riyal yield curve. That could have several benefits for the emirate, helping it fund …