Egypt’s current account records $8.2bn deficit in FY 2018/19: CBE
BOP records 0.1bn deficits, oil trade balance records $8.1m surplus, FDI net…
Banks apply limited interest cuts after CBE slashes basic rates
Most cuts were limited to variable return certificates
Beltone forsees 0.5% interest rate cut in CBE’s coming meeting, 3% cut in 2020
We do not expect pressure on local currency after interest cut, exchange…
Egyptian pound gains 5 piasters against the US dollar despite CBE’s interest rate cut
The average official price of the US dollar at the Central Bank…
Government to issue EGP 582.5bn worth of T-Bills, T-Bonds in Q2 FY 2019/20
Ministry of Finance plans 56 T-Bills auctions worth EGP 528.5bn, 28 T-Bonds…
Banks allocate EGP 122bn to face doubtful debts until June 2019: CBE
Slight increase in non-performing loans at banks in 1H 2019, reaching 4.2%…
CBE authorises 28 banks to provide mobile payment services in Egypt: Amer
Subscribers reach 13.5 million by end-June, with a total value of transactions…
Egyptian banking sector awaits repercussions of interest rate cut
Banks will begin Sunday to discuss the fate of interest on their…
Strong expectations that CBE’s basic interest rates will be cut by 50 to 150 basis points
MPC ecided at its meeting on 22 August 2019 to reduce the…
HDB’s mortgage portfolio amounts to EGP 6.6bn: vice chairperson
Bank ready to join CBE initiative to finance middle-income housing once it…