Banking

 Banque du Caire and EGX-listed e-payments platform Fawry have signed a new agreement to set up an instant remittance transfer service through the bank’s branches.
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National Bank of Egypt (NBE), the country’s largest state bank, has received approval to open a branch in South Sudan’s capital Juba, a senior official said on Monday.
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The Japan International Cooperation Agency (JICA), Sumitomo Mitsui Banking Corporation (SMBC) and Banque Misr signed loan agreement worth $100 million to support Micro, Small and Medium Enterprises…
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Egypt’s net international reserves (NIRs) rose for the tenth month in a row to reach $40.3 billion by the end of March, up from $40.2 billion in February, the Central Bank of Egypt (CBE) announced.
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HSBC and Egyptian microfinance institution Reefy signed on Saturday an agreement to provide 150 million Egyptian pounds ($9.5 million) designed for microbusinesses in the North African country.
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Banque du Caire, Egypt’s third largest public state-lender,  is a step closer to establish a company for electronic payment (e-payment) according to its chairman Tarek Fayed.
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Banque du Caire, Egypt’s third largest public state-lender, has seen solid growth rates and positive financial results for the financial year ending December 31, 2020.
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The Egyptian Exchange’s (EGX) listing committee approved the listing of capital raise shares of Suez Canal Bank.
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The Central Bank of Egypt (CBE) has approved an additional 1 billion Egyptian pounds to finance the National Project for Veal Revival, according to Alaa Farouk, Chairperson of the Agricultural Bank of…
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Orascom Financial Holding announced on Tuesday it has teamed up with EXCEL to launch a new financial technology (fintech) company focused on digital payments.
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