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Egypt - The Central Bank of Egypt (CBE) has announced a temporary increase in the daily cash withdrawal limit for individuals and companies at bank branches, raising the cap in local currency to EGP ...
To mitigate the economic impact, the Central Bank of Egypt (CBE) took proactive measures, temporarily raising the daily cash ...
Zenith Bank is in advanced talks to acquire a tier-two bank in Kenya. The Central Bank of Kenya has raised capital requirements, triggering market consolidation. Zenith raised $228 million in early ...
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AllAfrica on MSNNet Foreign Assets of Banking Sector Increased By Approximately $1.2 Bn, Reaching $14.7 Bn in May 2025The net foreign assets of the banking sector (the central bank and commercial banks) rose by about $1.2 billion to $14.7 billion in May 2025, compared to $13.6 billion in the previous month.This ...
The central bank lowered rates by 100 basis points on May 22 and by 225 basis points on April 17, its first adjustments since ...
Egypt's annual headline inflation rate is forecast to have decelerated slightly in June to 16.2% as some food and beverage ...
Contact Creditech, the digital consumer finance arm of Contact Financial Holding, has entered into a strategic partnership ...
Egypt and Saudi Arabia share many foreign policy and regional security objectives and have a long and complicated ...
The world’s leading central bankers gather today for a panel discussion in Sintra, Portugal. ECB President Christine Lagarde ...
The head of the European Central Bank said inflation has become more unpredictable due to shocks like the COVID-19 pandemic ...
The Central Bank of Egypt (CBE) announced Sunday that all banks will be closed on Thursday, 26 June, for the Hijri New Year and on 3 July for the 30 June Revolution anniversary. File Photo: CBE. AFP ...
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