Hossam Mounir

Follow:
3375 Articles

ABE Chairperson, New Valley Governor open recently developed bank branch in Kharga

ABE’s top priority is to support financial inclusion, in implementation of CBE’s…

Hossam Mounir

CBE explains its reasoning for raising interest rates by 2%

MPC decided that raising policy rates is necessary to contain inflationary pressures,…

Hossam Mounir

Banks in Egypt discuss fate of interests on savings vessels, loans after 2% basic rate hike

Yield on some savings certificates, loan products rises automatically after CBE’s decision

Hossam Mounir

CBE to discuss interest rates, EGP’s value on Thursday amid strong expectations of hike

The current interest rates are 9.25% for deposit, 10.25% for lending, and…

Hossam Mounir

CBE will not hesitate to take measures it deems necessary to curb inflation: CBE Governor

The governor added that negotiations with the IMF are going well

Hossam Mounir

Annual urban inflation increased to 13.1% in April, highest rate since May 2019

The increase in urban inflation is attributed to strong monthly dynamics in…

Hossam Mounir

CBE replaces state employees’ payroll slips with Meeza cards

The project helps expand the use of digital banking services and supports…

Hossam Mounir