Hossam Mounir

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Egyptian Cure Bank donates EGP 54m to 65 hospitals, clinics nationwide

Bank inaugurates Intensive Care Unit at Minya University Hospital

Hossam Mounir

EGP 53.774bn increase in local currency deposits at banks in Egypt during May 2021: CBE

Volume of term deposits, proceeds of savings certificates in foreign currencies increased…

Hossam Mounir

Egyptian government to depend less on local market in budget deficit finance

Debt instruments worth EGP 587bn offered during Q1 2021/22, compared to EGP…

Hossam Mounir

CIB opens subscription for first green bond issuance in Egyptian market

IFC aims to subscribe to entire value of issuance, estimated at $100m

Hossam Mounir

Egypt records $1.8bn balance of payments surplus in 9M FY 2021

This is compared to $5.1bn deficit last FY in wake of COVID-19…

Hossam Mounir

Foreign investments in Egypt’s T-bills up to EGP 349.9bn in May 2021: CBE

Net foreign assets increased by EGP 150.2bn from July 2020 to April…

Hossam Mounir

Financial positions of banks in Egypt rise by EGP 532bn in Q1 of 2021: CBE

Capital at banks amounts to EGP 177.92bn, reserves register EGP 347.826bn, provisions…

Hossam Mounir

Egypt injects EGP 32.3bn into 1.4 million small, micro projects over 7 years

Egypt’s SMEs Development Agency also provides over 400k services through its 33…

Hossam Mounir

Net profits of banks in Egypt reach EGP 29.99bn in Q1 2021: CBE

Top 10 banks account for 87.84% of total profits recorded during Q1

Hossam Mounir

Central Bank of Egypt extends precautionary measures against COVID-19 to 2021 end

This will see the precautions in place until 31 December 2021, rather…

Hossam Mounir