Printer Friendly
The Free Library
19,607,053 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Egypt banks continue its commitment to maintain interest rates.


Summary: Egypt banks continue for the second week its commitment about fixing interest rates despite CBE CBE Commander of the Order of the British Empire (a Brit. title)

CBE n abbr (= Companion of (the Order of) the British Empire) → título de nobleza

CBE n abbr (=
 decision to cut overnight rates by 50 basis points.

Egypt banks continue for the second week its commitment about fixing interest rates despite CBE decision to cut overnight rates by 50 basis points. <p>Only few banks have complied with CBE decision in order to decrease money costs.

Banks officials asserted that Misr Bank and National Bank of Egypt This article is about a commercial bank. For Egypt's central bank, see Central Bank of Egypt.
National Bank of Egypt (NBE) is the oldest and largest bank in Egypt, and has 378 branches within the country.
 decision to maintain interest rates led other banks to keep interest rates unchanged.

Head of Treasury Dept. in National Bank of Greece The National Bank of Greece (NBG; Greek: Εθνική Τράπεζα της Ελλάδος , Tamer Youssef said that NBG NBG National Bank of Greece
NBG Nederlands Bijbelgenootschap
NBG National Bank of Georgia
NBG Need Before Greed (Everquest game slang)
NBG National Bicycle Greenway
NBG Naval Beach Group
NBG Natural Born Gamers
 maintain interest rates despite CBE new cut to fulfill customers interests but if other banks cut interest rates , NBG will also comply.

Copyright UMCI News

Provided by Syndigate.info an Albawaba.com company
COPYRIGHT 2009 Al Bawaba (Middle East) Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:UMCI News (Potomac Falls, VA)
Date:Jul 1, 2009
Words:135
Previous Article:Investment-related measures, a "question of sovereignty".
Next Article:France Telecom Consortium Wins Tunisia License.
Topics:

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles