Central Banks
149 articles
Singapore Dollar Holds Ground as MAS Eyes Policy Shift
Singapore's tech sector is driving growth and inflation, putting pressure on the Monetary Authority of Singapore to act. The US Dollar's momentum, however, keeps the USD/SGD rate pinned near key levels.
NZ Dollar Struggles as Inflation and Rate Bets Split Investors
Crédit Agricole expects the New Zealand dollar to recover against the US dollar, citing inflation risks and strong farm exports. Persistent US dollar demand and a cautious central bank keep traders divided.
National Bank of Egypt pulls ahead in corporate deposit race
The National Bank of Egypt added 816 billion pounds in corporate deposits from 2022 to 2025, outpacing 25 rivals and capturing almost a third of all new institutional money in the country's banking sector.
Sterling Holds Firm as UK Budget and Rate Decision Near
Sterling has outpaced the Euro this October, but traders are bracing for the UK Budget and a possible Bank of England rate hike. Fiscal jitters in France and Britain are steering currency bets as policy decisions loom.
Egypt's Central Bank tightens control over banking complaints
Egypt's central bank is pushing banks to answer public complaints through the government's unified platform, tracking each case and demanding clear follow-up. The move puts new pressure on lenders to deliver real accountability.
France pressed to pass 2027 budget as bond yields hit 25-year high
French government borrowing costs have jumped to their highest level since 2002. Euro zone finance ministers and the European Central Bank are urging France to approve its 2027 budget to calm markets and avoid wider fallout.
Rupee Slides Despite RBI Rate Hike as Dollar Keeps Climbing
The Reserve Bank of India raised its repo rate to 5.50 percent and shifted to a calibrated tightening stance, but the Rupee is still trading near record lows against the US Dollar. Analysts warn more challenges are ahead.
Emirates Islamic Bank hands AED 1 million prize to disciplined saver
Emirates Islamic Bank has named Maha Ahmed Khaled as its AED 1 million grand prize winner for August 2026, spotlighting the bank's push for regular saving and Sharia-compliant financial habits through its Kunooz Millionaire Account.
Emirates NBD takes top UAE corporate governance award for 2026
World Finance has named Emirates NBD as the UAE's leading bank for corporate governance in 2026, highlighting its board discipline, ethics, and regulatory compliance.
Foreign bank branches hit new high in Saudi Arabia
Saudi Arabia now counts 49 foreign bank branches after Bank of Jordan's arrival. The international banking scene is changing fast, and the kingdom's financial landscape is shifting.
UAE Central Bank brings global banking leaders to Bangkok
Top financial leaders will gather in Bangkok this October at the invitation of the UAE Central Bank. The goal: push cross-border banking partnerships and speed up sustainable finance and digital change worldwide.
Emirates NBD wins UAE corporate governance award for 2026
Emirates NBD has been named the UAE's top institution for corporate governance in 2026 by World Finance, highlighting the bank's focus on board oversight, regulatory compliance, and long-term value.
United Bank hands out 200,000 EGP in October Millionaire Certificate draw
Three Egyptians have won a total of 200,000 EGP before taxes in United Bank's October 2026 Millionaire Certificate draw, showing the strong pull of prize-linked savings in Egypt.
Bank of Cairo gears up for landmark share sale on Egyptian Exchange
Egypt is set to list a large stake in Bank of Cairo on the Egyptian Exchange. International development banks want a 10 percent share, and the government hopes to raise up to 650 million US dollars.
UAE banking leaders chart new course at Abu Dhabi summit
Top officials from government, business, and academia met in Abu Dhabi to debate how technology, regulation, and long-term investment are changing the UAE's banking sector and global standing.
Egyptian banks push home renovation loans up to 15 million pounds
Egypt's biggest banks now offer home renovation loans with limits up to 15 million pounds. Borrowers face strict rules and different repayment terms as lenders react to soaring construction costs.
Abu Dhabi First Bank Egypt hits record profit as digital banking takes off
Abu Dhabi First Bank Egypt posted a net profit of 7.9 billion Egyptian pounds in the first half of 2026. Digital banking, rising deposits, and strong capital are driving the bank's gains in a fast-changing Egyptian financial sector.
Emirates NBD Egypt offers personal loans up to EGP 5 million
Emirates NBD Egypt now lets customers borrow up to EGP 5 million with repayment terms as long as 12 years. The loan targets those who need large sums and want flexible payment, insurance, and early settlement options.
Egypt's Largest Bank Warns Customers About Fake Investment Platforms
Egypt's National Bank is urging customers to avoid fraudulent investment platforms that promise quick profits but use deceptive tactics to steal funds. The warning highlights the risks of trusting unverified online schemes targeting personal savings.
HSBC to Exit Egyptian Retail Banking as Emirates NBD Strikes Acquisition Deal
HSBC has agreed to sell its entire Egyptian retail banking business to Emirates NBD Egypt, with the transaction expected to close in the second half of 2027 pending regulatory approval. Customers and staff face no immediate changes as the transition begins.
Egyptian banks roll out doctor-focused loans up to 3 million EGP
Ten Egyptian banks are offering new loans for doctors, with amounts up to 3 million EGP and long repayment terms. These programs target personal needs, equipment purchases, and clinic upgrades, changing how banks lend to professionals in Egypt.
Emirates NBD Egypt puts creative sector in focus as Gouna Film Festival sponsor
Emirates NBD Egypt is now the official banking sponsor of the Gouna Film Festival. The move links financial services with Egypt's creative and cultural scene.
Emirates NBD Egypt breaks into Africa's top 100 banks after capital boost
Emirates NBD Egypt has jumped into Africa's 100 largest banks for 2026, fueled by a sharp rise in capital and assets that left many rivals behind.
Swiss National Bank Buys Foreign Currency to Slow Franc's Rise
The Swiss National Bank bought 1.44 billion francs in foreign currency in the second quarter of 2026. The move shows the bank is still working to keep the franc from getting too strong, though it has pulled back from earlier heavy intervention.
Abu Dhabi First Bank Egypt rolls out new funds for savers
Abu Dhabi First Bank Egypt has launched four investment funds, including daily liquidity and Sharia-compliant choices. Savers now have more ways to manage risk and returns as Egypt's financial sector shifts.
Page 1 of 6