Hossam Mounir

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CBE takes measures to reduce economic impacts of COVID-19

We moved quickly to preserve economic gains since launch of national economic…

Hossam Mounir

MSMEDA, Banque du Caire contribute EGP 620m to finance 40,000 micro-projects

First contract worth EGP 500m will finance micro-projects,  second project for financing…

Hossam Mounir

CBE’s Monetary Policy Committee convenes to decide on interest rates

Maintaining local currency attractive amid economic uncertainty due to Covid-19 crisis suggests…

Hossam Mounir

FEB orders obligatory mask-wearing in banks, starting next week

FEB called on citizens to abide by these procedures, so that banks…

Hossam Mounir

CIB commits $7m to test kits, support families impacted by COVID-19

The CIB contribution will also be dispersed to the National Emergency and…

Hossam Mounir

Egypt’s annual urban inflation rises to 5.9% in April: CAPMAS

CBE to review interest rate Thursday in light of new inflation figures

Hossam Mounir

CBE reveals February 2020 data for banks operating in Egypt

Financial position of banks operating in local market touches EGP 6trn, deposits…

Hossam Mounir

Digital banking on the rise owning to coronavirus push

Allowing self-registration for e-wallet services contributes to speeding up digital transformation of…

Hossam Mounir

NBE leads banking consortium to provide €30m syndicated loan to MidElec

Hisham Okasha, Chairperson of NBE, said the arrangement of this loan comes…

Hossam Mounir

CBE receives 31 bids to invest $1.095bn in T-Bill auction

25 offers worth $975.4m were accepted

Hossam Mounir