Hossam Mounir

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NBE issues new investment certificates, raises return on another

The NBE has also decided to increase the return on another 3-year…

Hossam Mounir

Arab central banks council highlights digital transformation on Financial Inclusion Day

Implications of coronavirus highlight importance of accelerating transition to digital financial services,…

Hossam Mounir

Misr Holding implements unique business strategy against backdrop COVID-19

El Hini said that the holding company’s budget, and those of its…

Hossam Mounir

CBE highlights financial soundness indicators of local banking sector

Bank profits reach EGP 83.184bn last December: CBE

Hossam Mounir

CIB acquires 51% of Kenya’s Bank Mayfair in $35.35m  deal

The deal reflects our commitment to increasing trade between African countries, says…

Hossam Mounir

CBE highlights banks’ financial safety indicators

Bank profits reached EGP 83.184bn at end of December: CBE

Hossam Mounir

Parliament approves MSMEs Law

The law also put in place flexible, new and updated mechanisms to…

Hossam Mounir

Egypt’s banks report EGP 83.18bn net profits in 2019: CBE

Top 5 banks account for 50.1% of sector’s total profits, top 10…

Hossam Mounir

Daily cash withdrawal, deposit limits for individuals amended during Ramadan

Individuals can withdraw up to EGP 20,000 daily from ATMs, EGP 50,000…

Hossam Mounir

Nasser Social Bank issues savings certificate for healthcare professionals

New certificates will have annual 15.5% yield from date of issuance

Hossam Mounir