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Egypt’s state banks sell EGP 92 bn of high-yield certificates
The National Bank of Egypt has sold EGP 62 bn of its 15% fixed-rate certificates to some 340k customers, Chairman…
What we’re tracking on 23 April 2020
Ramadan Kareem, everybody. Dar Al Iftaa confirmed last night that Friday is the first day of the holy month, meaning…
National Bank of Egypt, Banque Misr sell EGP 82 bn of high-yield certificates
State banks sell EGP 82 bn of high-interest savings certificates: National Bank of Egypt has sold EGP 56 bn of…
Egyptian state-owned banks snap up TMG sukuk issuance
State-owned banks snap up TMG sukuk issuance: Three state-owned banks have taken 97.25% of the EGP 2 bn of sukuk…
National Bank of Egypt, Banque Misr sell EGP 70 bn of high-interest CDs
State banks sell EGP 70 bn of high-interest savings certificates in three weeks: Around EGP 70 bn has been invested…
State-backed, Africa-focused brokerage and investment promotion company to tap CEO “soon”
A new government-backed brokerage and investment promotion company has shortlisted three candidates for its CEO and will make a decision…
Egyptians buy up EGP 53 bn of new high-interest savings certificates
More than EGP 53 bn has been invested into 15% certificates: National Bank of Egypt’s certificates have attracted EGP 36…
What we’re tracking on 01 April 2020
Can you believe it’s the first day of 2Q2020? Our heads are still spinning over here. Ten of 11 analysts…
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