Hossam Mounir

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3722 Articles

Egypt banks see EGP 62bn increase in local currency deposits in May

NFA surplus with banks, CBE records about $5.3bn increase

Hossam Mounir

CIB Egypt reserves hotel floor as quarantine for employees if needed

Bank adheres to state precautionary measures from the very beginning to prevent…

Hossam Mounir

Finance Ministry to offer EGP 185bn worth T-bills, bonds in July

Move is to fill chronic budget deficit during Q1 of FY 2020/21

Hossam Mounir

SCB chief reveals details of EGP 250m cash investment fund launch

New fund provides effective tool in cash management field, provides tax benefits,…

Hossam Mounir

Banks in Egypt switch to IBAN standard to ease cross-border transactions

IBAN used in international transfers, standard method for accurate identification of bank…

Hossam Mounir

CBE amends tourism worker support initiative

The article includes the payment of salaries for tourism sector workers for…

Hossam Mounir

AMF prepares launch of international immediate payment service

The new service is the latest part of its "Beni" platform for…

Hossam Mounir

CBE provides EGP 7bn guarantee for corporate financing

Initiative aims to benefit clients of industrial, agricultural, and contracting private sectors…

Hossam Mounir

CBE confirms financial soundness of banks operating in Egypt

Banking sector’s financial position reaches EGP 6.165trn, capital adequacy ratio increases to…

Hossam Mounir

Egypt to borrow EGP 600bn through T-bills, T-bonds in 3 months

Finance Ministry to issue EGP 499.5bn of T-bills, EGP 100.5bn of T-bonds…

Hossam Mounir