Hossam Mounir

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CBE intervenes to strengthen pound against dollar

Dollar fell in black market for hours until it suddenly stopped

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CBE raises EGP value against dollar by 20 piasters

The central bank will also cover 25% of the temporary credit facilities…

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Banque Misr saving certificates attract EGP 3.4bn by Tuesday

Daily News Egypt has learned that the NBE certificates succeeded in attracting…

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Suez Canal certificates safe in spite of NBE and Banque Misr rates: Analysts

Analysts ruled out that the owners of the Suez Canal investment certificates,…

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Banque Misr savings certificates attract EGP1.2bn by Monday afternoon: El-Etreby

The National Bank of Egypt (NBE) and Banque Misr offered, Sunday, savings…

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CBE to convert $4bn worth of dues on importers to local currency

Tarek Amer holds frequent meetings with public bank heads to discuss developments…

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Banking sector shaken by raised NBE, Banque Misr interest rates

Intensified meetings in banks to discuss the move’s effects on customer deposits

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Banque Misr collects EGP 400m through certificates on first day

They surprised banking market with launch of two certificates with annual returns…

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UNB-Egypt aims to acquire 5% of Egyptian banking market in 10 years: Vice Chairman

UNB supports Emirati investors in Egypt, and issued letters of guarantee worth…

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Banque Misr, NBE issue savings certificates with 12.5% return

The step aims at combating dollarisation, and banks issued two similar certificates…

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