Hossam Mounir

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Foreign remittances reach $24.2bn a year since floatation

Increase among results of floatation, proof of confidence in Egyptian banks: CBE

Hossam Mounir

EGP 51.9bn increase in deposits, EGP12.7bn increase in bank credit facilities during September 2017: CBE

Private sector received 61.95% of total non-governmental credit facilities in banks, industry…

Hossam Mounir

EGP 49bn increase in loans for SMEs in 1 year: CBE deputy governor

CBE met NBG officials to identify bank strategy, no formal request yet…

Hossam Mounir

Egypt is among important foreign markets for NBK Group

NBK celebrates 10 years in Egyptian market

Hossam Mounir

Local banks, foreign financial institutions offer investments worth $1.29bn in Egyptian T-bills

Highest interest rate on investment in those bills is 3.5%, while lowest…

Hossam Mounir

MSMEs Development Agency starts providing services to Shaq El-Teaban investors

A special office to provide financial and non-financial services to SMEs as…

Hossam Mounir

Non-performing loans decline to 5.3% of total bank loans end-September 2017

The percentage of non-performing loans at banks working in the Egyptian market…

Hossam Mounir

Egyptian banks score EGP 44.75bn profits end-September: CBE

Top five banks account for 46.67% of total profits, top 10 accounts…

Hossam Mounir

$1.5bn surplus in Q1 FY 2017/2018 balance of payments: CBE

Exports increased to $5.8bn between July and September 2017, against $14.8bn imports

Hossam Mounir

CBE offers $1bn worth of T-bills on Monday

Proceeds to cover earlier offering made on 13 December 2016 worth $1.1185bn

Hossam Mounir