Hossam Mounir

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3958 Articles

Banks obliged to separate microfinance from retail loans

Trial project between civil associations and banks to benefit from digital services…

Hossam Mounir

CBE calls on banks to introduce credit-rating system to evaluate micro-financing institutions

We have been studying ways to strengthen this sector, which is one…

Hossam Mounir

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