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THIS EVENING: CIB hikes FX transaction limits again
Good afternoon, folks, and Ramadan Kareem. We hope that the caffeine withdrawal has been gentle as we begin the holy…
Banks trade USD 1.9 bn in two days
The EGP lost almost 37% of its value against the greenback after the float
CIB’s net income soared 83% in 4Q 2023
Revenues rose 71% y-o-y in 4Q 2023 to EGP 16.3 bn
CIB, ADIB cut credit card limits on FX spending
The central bank has been tightening its grip on FX transactions in recent months
A new war front. PLUS: More credit card limits.
Good morning, friends and happy Friday. Despite the short business week we remained busy with a slew of economic and…
Halan closes EGP 971.5 mn securitized bond issuance
The issuance is the last in an EGP 3 bn securitization program
Tamweel sells securitized bonds worth EGP 1.7 bn
The issuance is the third of a EGP 4 bn program
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