Hossam Mounir

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CBE introduces new guidelines to fight money laundering, terrorism financing

The Central Bank of Egypt (CBE) has issued new guidelines to fight…

Hossam Mounir

ABE offers soft loans for cattle import, milking machines

Bank’s initiative provides loans with 5% decreasing interest rate

Hossam Mounir

Banque du Caire, El Taamer agree to finance Urban Business Lane project with EGP 956m

Financing agreement complements Banque du Caire's efforts to support real estate sector:…

Hossam Mounir

MIDBANK reports remarkable growth in 2023 after overhaul, digital shift

Total budget, net loans, customer deposits, and property rights soar by 89%,…

Hossam Mounir

CBE reports key financial soundness indicators for banks in Q3 2023

Non-performing loans in banks remain at 3.3% of their total loan portfolio…

Hossam Mounir

CBE keeps interest rates unchanged, monitors inflation, economic developments

We will not hesitate to use all available tools to achieve inflation…

Hossam Mounir

Central Bank of Egypt to discuss interest rate for last time in 2023 on Thursday

Egypt likely to hold steady on interest rates amid economic reforms, analysts…

Hossam Mounir

CBE reports EGP 14.742trn total financial position of banks in 3Q 2023

Capitals register EGP 323.776bn, reserves EGP 492.386bn, and allocations EGP 305.455bn

Hossam Mounir

Banque du Caire, GAFI sign MoU to boost investment in Egypt

Bank to highlight executive, legislative breakthroughs to encourage foreign direct investment: Fayed

Hossam Mounir

ABE to finance goldsmithing workshops in partnership with Ministry of Supply

Bank will fund workshops that meet specified conditions with initial amount of…

Hossam Mounir