Hossam Mounir

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CBE promotes 5 senior officials to deputy governor 

Ramy Abu al-Naga took over monetary markets and reserve management, Essmat Hussein…

Hossam Mounir

Size of outstanding T-bonds decline by EGP 5.6bn in June 2017: Finance Ministry

The size of outstanding balances of treasury bonds (T-bonds) owed by the…

Hossam Mounir

Government banks rule out offering new savings certificates with return of 25%

NBE meets at end of the week to determine the fate of…

Hossam Mounir

Egyptian pound fist to fist with US dollar yet again

Local currency began appreciating again by 21 piastres in four days, market…

Hossam Mounir

NBE does not intend to issue bonds on foreign markets: vice chairperson

We aim to offer the bonds with a suitable return and the…

Hossam Mounir

United Bank to reduce its troubled debt portfolio to less than EGP 2bn by 2017 end: chairperson

The bank seeks to increase its profits by more than 100% by…

Hossam Mounir

Banks consider impact of CBE’s decision to hike interest rates this week

CBE’s decision aims to curb inflation and ease its impacts after moving…

Hossam Mounir

Analysts expect CBE to keep interest rate unchanged after Thursday meeting

Seven out of nine analysts and investment banks expect CBE to keep…

Hossam Mounir

US dollar embarks on new wave of decline against pound, loses 20 piastres in 2 days

Banks give their clients up to $2,000 cash with no documents but…

Hossam Mounir