Hossam Mounir

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Prime believes CBE won’t face big challenges to achieve its inflation target

The road is now more paved than ever for the CBE to…

Hossam Mounir

CBE reveals most prominent bank financial safety indicators by 3Q2019 end

EGP 306bn increase in the total financial position of banks to reach…

Hossam Mounir

Egyptian banking sector’s net profits reach EGP 60.758bn in September

Top five banks hold 48.98% of total profits, and biggest 10 gain…

Hossam Mounir

CBE postpones MPC meeting to 16 January to decide on interest rates

After four interest cuts since the beginning of 2019, analysts and bankers…

Hossam Mounir

Balances of HDB’s Children & Youth Saving Account total EGP 645m

Bank prepares for a national savings project in cooperation with youth and…

Hossam Mounir

Increased max ratio of loan premiums increases bank profits, may affect asset quality: Beltone

CIB, QNB, Credit Agricole, and ADIB are the main beneficiaries of the…

Hossam Mounir

CBE raises limits on consumer loan instalments to 50% of borrower’s total monthly income

The CBE decided to keep the maximum for personal housing loans at…

Hossam Mounir

El Sayed El Kosayer: from reforming ABE to the Agriculture Ministry

El Kosayer worked to restructure the Industrial Development and Workers Bank of…

Hossam Mounir

Banque du Caire leads banking alliance to raise €150m for financing MDF factory

The factory is being built in Idku, Beheira, with a production capacity…

Hossam Mounir