Hossam Mounir

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Al Baraka Bank offers EGP 90m to Solidarity Microfinance to support microenterprises by women

Bank is keen on developing role of women economically and socially: Chairperson…

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CBE warns of misuse of bank cards, fraud to obtain foreign exchange without need for it

We monitored the use of some credit, debit cards in operations abroad,…

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Banks to discuss fate of interest rate on savings, loan products on Sunday

The market awaits the first reaction to return-on-debt instruments

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CBE sets new inflation target until 2026

4Q 2024 inflation target stands at 7% (±2%), 5% (±2%) in 4Q…

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Egypt’s Central Bank to decide on EGP’s interest in the last MPC meeting of 2022

The basic interest rate has been raised by 5% in 2022

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CBE pushes for sustainable financing in banking sector

100% of Egyptian banks measure carbon footprint of their internal activities: CBE

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CBE throws light on Egypt’s high inflation in November 2022

November’s high inflation was mainly caused by 27 October currency devaluation, continued…

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CBE reveals top indicators of financial safety for banks by end of 3Q 2022

EGP 93.4bn in net profits, top 10 accounted for 78.29%

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MSMEDA, EU, AFD cooperate to develop informal settlements

Gamea praised the continuous cooperation between MSMEDA and the Ministry of International…

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EGP 14.596bn increase in the value of CBE’s gold balances by end of November 2022

According to the financial statements of the CBE, the bank’s total assets…

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