Search Result
" banking system"

39 results

Business - Economy
4/23/2024 7:42:34 PM
Prime Minister Mostafa Madbouly affirmed on Tuesday that the banking system stands fully ready to secure the foreign currency necessary to increase the strategic reserves of essential commodities.

Business - Economy
1/2/2024 1:28:17 PM
The foreign assets deficit in the Egyptian banking system declined by EGP 5.25 billion to reach EGP 833.96 billion ($26.9 billion) in November 2023, according to data released by the Central Bank of Egypt (CBE).

Business - Economy
11/1/2023 3:31:32 PM
Foreign assets deficit at the Egyptian banking system declined for the first time in 11 months to reach EGP 812.41 billion ($26.29 billion) in July 2023, 2.66 percent lower than the previous month, according to data released by the Central Bank of Egypt (CBE) on Wednesday.

Business - Economy
3/16/2023 9:56:08 PM
Saudi finance officials on Thursday downplayed risks to the global banking sector after days of market turmoil fuelled by the implosion of two tech industry lenders and pressures on Credit Suisse.

Business - Markets & Companies
3/16/2023 9:02:51 PM
The European Central Bank carried through with a large interest rate increase Thursday, brushing aside predictions it might dial back as US bank collapses and troubles at Credit Suisse feed fears about the impact of higher rates on the global banking system.

Business - Markets & Companies
3/13/2023 4:31:21 PM
President Joe Biden on Monday reassured Americans that their banking system is secure in the wake of the collapse of SVB and said he wants tougher regulations to prevent future crises.

Business - Economy
1/31/2023 9:59:19 PM
Iran and Russia have taken a key step toward linking their banking systems in a move that further boosts their cooperation in the face of Western sanctions, an Iranian official said.

Business - Economy
11/27/2022 2:43:00 PM
The Central Bank of Egypt (CBE) launched on Sunday its financial inclusion strategy for 2022-2025 that sets key objectives and priorities for creating financial inclusion in the country.

Business - Markets & Companies
8/30/2022 4:30:45 PM
Egypt’s Financial Regulatory Authority (FRA) issued on Tuesday a licence for the Egyptian company Maksab for micro-financing in compliance with Islamic law – the first of its kind in the non-banking system in Egypt.

War in Ukraine - Economy
3/15/2022 11:09:56 AM
The government in Kyiv continues to function, the banking system is stable and debt payments are viable in the short term, but the Russian invasion could plunge Ukraine into a devastating recession, the IMF said late Monday.

Business - Tech
3/6/2022 3:16:57 PM
Egypt’s banking system processed 1 bln electronic transactions in 2021 with a total value of EGP 2.8 trillion, according to Ayman Hussain — the sub-governor of the Central Bank of Egypt (CBE) for the Information Technology Sector.

War in Ukraine - Economy
2/26/2022 8:52:44 PM
Germany said Saturday it was working to exclude Russia from the SWIFT banking system as Ukrainian President Volodymyr Zelensky again asked European nations to sever Moscow from the important financial mechanism.

World - International
9/21/2021 4:01:41 PM
Afghanistan's central bank has access to only a fraction of its usual financing, and is cut off from the international banking system and its own foreign currency reserves

Business - Economy
8/4/2021 2:09:48 PM
Pressures on the Egyptian banks’ credit profiles and viability ratings have eased after improvements to the operating environment were made by the end of the third quarter of 2020

Business - Economy
6/23/2021 6:09:00 PM
The decision was made to preserve Egypt’s gains from its economic reform programme and to maintain the country’s banking system’s stability

Business - Economy
4/7/2021 8:32:40 PM
On the banking system, Egyptian banks face asset-quality deterioration and continued pressure on profitability through 2021 driven by the economic fallout from the pandemic, according to the report

World - Region
2/21/2021 2:15:29 PM
'In Sudan there was the Islamic system for banks only, but there will be the traditional banking system and we invite international banks and major exchange companies to work in Sudan,' said Mohamed al-Fatih Zainelabidine

World - International
12/1/2020 12:04:02 PM
The bill would give European countries three months to ease sanctions on Iran's key oil and gas sector, and to restore its access to the international banking system

Al-Ahram Weekly - Economy
9/8/2020 8:31:51 PM
Egypt is well-placed to snap up reconstruction projects in the region owing to the strength of its banking system

World - Region
8/31/2020 9:22:53 AM
Lebanon's financial crisis has sunk the currency by as much as 80% since October, locked savers out of their deposits in a paralysed banking system and fuelled poverty and unemployment

2 Next