Hossam Mounir

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1.8m people benefited from microfinance loans until the end of 2016: Samy

Volume of funding provided by these bodies increased to EGP 4.5bn, trade…

Hossam Mounir

EMF seeks to increase customers to 10 million at total funding of EGP 30bn within four years: chairperson

The EMF includes eight banks, three companies, 752 institutions, and a civil…

Hossam Mounir

Banks ignore CBE decision to raise interest, keep rates unchanged

Next increase may be on short-term vessels, interest on certificates will not…

Hossam Mounir

Banks allocate EGP 170bn to develop infrastructure of a number of areas in Cairo and Giza

The Federation of Egyptian Banks (FEB) signed a cooperation protocol with the…

Hossam Mounir

Raising interest on the pound is for the benefit of all: CBE governor

The CBE does not consider specific entities when making decisions, Amer said…

Hossam Mounir

Banks tend to maintain interest rates unchanged despite CBE’s 2% hike

Government banks offer highest return on savings in the local market and…

Hossam Mounir

CBE raises interest rate 2%, defying all predictions

Monetary Policy Committee (MPC) decided to raise the overnight deposit rate, overnight…

Hossam Mounir

Outstanding balance of treasury bonds reaches EGP 690.07bn at end of April

Size of international bonds stabilizes at $11.5bn, government aims to issue more…

Hossam Mounir

Ambiguity surrounding CBE’s decision on interest rate in Sunday’s meeting

IMF confirms that using interest rate is the right tool to face…

Hossam Mounir

Good performance indexes in banks by end of January: CBE

EGP 67.2bn increase in volume of deposits, EGP 52.8bn in loans

Hossam Mounir