He studies Cairo Bank Obtaining the approval of the Central Bank of Egypt to issue a new savings certificate with a return exceeding 25% during the month of January, coinciding with the imminent maturity of its one-year savings certificates, according to what a source within the bank told Al-Osboa. Banque du Caire will begin disbursing … Read more
10:14 AM Monday, January 8, 2024 Written by Manal Al-Masry: Today, Monday, the Egyptian Bank of Egypt and the National Bank of Egypt began selling the high-yield one-year certificate at two prices, an annual return of 23.5%, disbursed monthly, and 27%, disbursed annually, in branches for the first time since they officially put the certificate … Read more
Banque Misr and Al-Ahly of Egypt will start disbursing the dues of the 18 certificates, with the entry into a working day tomorrow, Wednesday, March 22, after the completion of their one-year deadline. The two banks issued the 18% certificates after an extraordinary meeting of the Monetary Policy Committee at the Central Bank on March … Read more
The price of the dollar – the forecast of the dollar price – the dollar against the pound The discrepancy hit the price of the dollar in Egyptian banks today, Sunday 5/2/2023, when it stabilized against the pound, near levels of 30.23 in the government and 30.33 in private, and between 32 and 33 pounds … Read more
National Banks announced andCairo And Banque Misr, suspending the new certificate with an annual interest of 25%, and a monthly interest of 22.5%, at the end of today’s work (Tuesday), after achieving the desired targets. And the National Bank of Egypt stated – in a statement – that about 60% of the purchases were carried … Read more
04:10 PM Monday, January 30, 2023 I wrote – Sherine Salah: The price of the dollar rose today, Monday, against the pound, in 10 banks operating in Egypt, at the end of trading, compared to its level during yesterday’s trading, to exceed the level of 30 pounds in some of these banks. Dollar prices today … Read more
04:42 PM Tuesday, January 17, 2023 I wrote – Manal Al-Masry: Banque Misr raised the interest rate on all its savings accounts from 2.25% to 3%, depending on the type of account, with the beginning of the new year 2023, after adjusting its interest rate structure. The increase in the interest rate in Banque Misr … Read more
04:20 PM Sunday, January 15, 2023 I wrote – Sherine Salah: The price movements of the dollar varied today, Sunday, against the Egyptian pound, at the end of trading, compared to its level at the end of trading last Thursday. The price of the dollar rose to around 32 pounds at historical levels last Wednesday, … Read more