Hossam Mounir

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Soha Soliman appointed deputy chairperson of Banque du Caire

Egypt’s cabinet issued a decree on 26 November appointing Soha Soliman, the…

Hossam Mounir

18 million people require microfinance in Egypt: former CBE governor

We need about EGP 54bn to finance 3.6 million families living below…

Hossam Mounir

HDB focuses on financing 4 major sectors of SMEs

Microenterprises will be financed through companies and associations specialised in these projects,…

Hossam Mounir

SMEs acquire 10% of HDB’s loan portfolio until September 2016: chairperson

The bank aims to increase the funding of such projects to 20%…

Hossam Mounir

HDB pumps EGP 56m in ‘Your Project’ programme over 7 months

Funding volume amounts between EGP 50,000-3m with an interest rate of 5%,…

Hossam Mounir

Trade exchange between Egypt and outside world falls to $75bn in FY 2015/2016: CBE

Imports decline by $4.99bn, exports down by $3.54bn

Hossam Mounir

506,200 tourists visited Egypt in October: CAPMAS

The number of tourist arrivals from all countries reached 506,200 in October,…

Hossam Mounir

Credit facilities granted by banks to their clients in August increased by EGP 12.3bn: CBE

Private sector accounts for 59.4% of the total facilities, deposits increase by…

Hossam Mounir

Egyptian pound continues to decline against US dollar at banks

The currency exchange is governed by supply and demand, says CBE and…

Hossam Mounir