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Egypt - The Central Bank of Egypt (CBE) has announced a temporary increase in the daily cash withdrawal limit for individuals and companies at bank branches, raising the cap in local currency to EGP ...
To mitigate the economic impact, the Central Bank of Egypt (CBE) took proactive measures, temporarily raising the daily cash ...
Zenith Bank is in advanced talks to acquire a tier-two bank in Kenya. The Central Bank of Kenya has raised capital requirements, triggering market consolidation. Zenith raised $228 million in early ...
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SweetCrude Reports on MSNBank Al-Maghrib signs up to PAPSSEstablishing Morocco as its 17th country of presenceCairo, Egypt — The Pan-African Payment and Settlement System (PAPSS) is pleased to announce the entry of the Kingdom of Morocco into its growing ...
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AllAfrica on MSNNet Foreign Assets of Banking Sector Increased By Approximately $1.2 Bn, Reaching $14.7 Bn in May 2025The net foreign assets of the banking sector (the central bank and commercial banks) rose by about $1.2 billion to $14.7 billion in May 2025, compared to $13.6 billion in the previous month.This ...
The central bank lowered rates by 100 basis points on May 22 and by 225 basis points on April 17, its first adjustments since ...
Egypt's annual headline inflation rate is forecast to have decelerated slightly in June to 16.2% as some food and beverage ...
Contact Creditech, the digital consumer finance arm of Contact Financial Holding, has entered into a strategic partnership ...
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