Hossam Mounir

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CBE amends instructions on bank governance, board formation

Maximum two terms for non-executive board members, with limit of six consecutive…

Hossam Mounir

CIB reports net income growth of 62% to EGP 3.81bn in 3Q 2021

Exceptional performance is driven by both balance sheet fundamentals and resilient solvency,…

Hossam Mounir

CBE to issue $1.6bn worth T-bills on Monday

Proceeds of bid directed to pay previous tender worth $1.585bn

Hossam Mounir

‘Mashro’ak’ finance programme pumps EGP 21.4bn into 183k projects

Sharawy pointed out that Mashro'ak contributed during October 2021 only to the…

Hossam Mounir

HDB reports EGP 2.038bn profits before taxes in September 2021, with 6.5% growth

Bank’s recent results reflect strong operational performance, developing clear strategy to be…

Hossam Mounir

Keeping policy rates unchanged remains consistent with 7% (±2%) inflation target: CBE

Yields on Egyptian Eurobonds have been broadly stabilized in August 2021 after…

Hossam Mounir

NBE, Fast Cab Technology cooperate to support new ridesharing app ‘aseel’

NBE would basically offer car loans to aseel drivers

Hossam Mounir

Annual urban inflation in Egypt declines to 6.3% in October 2021: CAPMAS

The agency said, in its monthly report on inflation, issued Wednesday, that…

Hossam Mounir

CBE, GAFI, and I-Score agree to exchange data electronically, facilitate procedures for investors

Protocol facilitates investment procedures by directly linking banks to GAFI instead of…

Hossam Mounir

CBE receives 39 bids worth €819.5m for euro-denominated T-bills

Bank accepts 34 bids, worth €699.5m, with interest ranging between 1.37-1.4%

Hossam Mounir