Central Bank of Egypt - Page 2
36 articles
Bank fraud trial in Egypt pushed to November as court eyes settlements
A sweeping Egyptian bank fraud case with 34 defendants and three banks is on hold until November. The court is giving time for possible settlements in a scheme involving forged documents and over EGP 1.8 million in fraudulent loans.
Emirates NBD Egypt puts banking into daily life
Emirates NBD Egypt is weaving its services into customers' routines, aiming for loyalty through hands-on partnerships and real experiences-not just marketing.
Egyptian Savers Face Stark Choices as Daily Savings Rates Diverge
Egypt's central bank has frozen its key rates at high levels but banks are offering sharply different daily savings returns. Savers must weigh minimum balances and payout rules as top rates reach 18 percent but only for select deposit tiers
Industrial Development Bank launches 20 percent food and grocery discount
Industrial Development Bank customers now get 20 percent off one food or grocery delivery each month when paying with eligible Mastercard cards on Talabat. The deal shows how digital payments are becoming part of daily life.
Emirates NBD Egypt rolls out new savings and deposit certificates
Emirates NBD Egypt has launched a fresh lineup of savings and deposit certificates in both Egyptian pounds and US dollars. The new products offer fixed and variable returns, flexible terms, and options for individuals and businesses looking for tailored deposit solutions.
Industrial Development Bank launches new savings certificates and deposits
Industrial Development Bank has rolled out new savings certificates and deposit products, giving customers more ways to invest and earn in a shifting financial market.
Egypt Braces for Years of High Interest Rates as Inflation Lingers
Egypt faces a long stretch of high interest rates. Emirates NBD sees no cuts before 2027, with inflation set to ease only slowly. The central bank's next steps will shape borrowing and economic stability.
Emirates NBD Egypt lifts variable deposit rate to 19.5 percent
Emirates NBD Egypt has bumped up the annual rate on its three-year variable savings certificate to 19.5 percent. Interest is paid monthly, with a minimum deposit of EGP 5000. The return is tied to the central bank's overnight deposit rate plus 0.5 percent.
UAE dirham steady against Egyptian pound as banks close for weekend
The UAE dirham kept its value against the Egyptian pound on Friday, September 25, 2026. No changes appeared at leading Egyptian banks as the sector paused for the weekend.
Emirates NBD Egypt warns customers: Don't hand your card to strangers at ATMs
Emirates NBD Egypt is telling its customers to keep their cards and PINs safe at ATMs. The bank warns that giving your card to anyone you don't know could lead to theft or loss of your money.
Egyptian banks push high-yield savings accounts in fierce deposit race
Egypt's top banks are rolling out savings accounts with steeply tiered rates and flexible rules, shaking up old deposit habits and raising the bar for big savers.
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