Hossam Mounir

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Limited interest rate cuts at banks’ on first business day following CBE decision

Yield on T-bills on Sunday's auction dropped by 0.75-1.5%

Hossam Mounir

Private sector awaits further interest cuts to resume borrowing from banks: HC

Banks are likely to extend deposit maturity to grant long-term loans without…

Hossam Mounir

Banks to start intensive meetings Sunday to discuss implications of interest rate cuts

Government welcomes decision, investment banks forecast further cuts by end-2019, depositors are…

Hossam Mounir

CBE interest rates cut to positively impact businesses, EGX, banks to readjust

Experts forecasts further cut before end-2019, debt instruments remain attractive

Hossam Mounir

47.2% increase in investment loans granted to agricultural sector in 2017/18: CAPMAS

Total loans granted to agricultural projects reach EGP 14.2bn in 2018/18 up…

Hossam Mounir

CBE to consider interest rates on Thursday amid expectations of cuts

Falling inflation and US interest paves the way for CBE to cut…

Hossam Mounir

Industrial Development Bank offers funding to Shaq El-Teaban investors

Bank's credit portfolio increased to EGP 11bn end-July, of which EGP 1.6bn…

Hossam Mounir

37 local and foreign investors bid to invest €780.1m in Egyptian T-bills: CBE

CBE set accepted yield minimum at 1.4%, maximum at 1.5%, average at…

Hossam Mounir

Banque du Caire to offer 30-40% stake on EGX by end-2019 or early 2020: Chairperson and CEO

Fayed statement came on the sidelines of the loan signing ceremony with…

Hossam Mounir

IDB signs protocol with Port Said governorate to finance industrial units in South Raswa

54 clients would benefit from this protocol to provide them with the…

Hossam Mounir