Regulation, Risk & Compliance
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Egypt policy measures improve banking but investments slow, BLOM Bank Egypt chief says
Egypt’s policy decisions last November to float the pound and subsequently raise interest rates have improved conditions for the banking sector but have slowed investment and dampened consumer loan demand, BLOM Bank Egypt’s CEO told Reuters. The central bank’s reforms, part of a $12 billion International Monetary Fund programme and…
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Click here to read the full story: Gulf News