Hossam Mounir

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$1.65bn in transfers done through the company during 2022: IBAG

IBAG currently cooperating with Banque Misr to launch an application and link…

Hossam Mounir

CBE to offer $1bn worth treasury bills on Monday

Proceeds of T-bills are directed to pay off previous offers issued on…

Hossam Mounir

EGP 1.580tn increase in domestic liquidity at Egyptian banking sector during 2022

Total non-governmental deposits in local currency increased to EGP 5.411trn, foreign deposits…

Hossam Mounir

BoP records overall surplus of $523.5m in 1Q 2022/23

Egypt’s BoP deficit declines 20.2% to $3.2bn

Hossam Mounir

CBE to decide fate of Egyptian pound interest on Thursday

Monetary Policy Committee held 8 meetings in 2022, during which interest rates…

Hossam Mounir

Commercial International Bank acquires Mayfair Bank in Kenya

Commenting on the deal, Hussein Abaza, CEO and Managing Director of CIB-Egypt,…

Hossam Mounir

CBE to hold first monetary policy meeting in 2023 after year of ups, downs

CBE increases interest rates on EGP by 8% in 2022

Hossam Mounir

MSMEDA offers EGP 6.8bn in finance to 222k projects in 2022: CEO

Agency pumped EGP 318m to finance infrastructure projects and community development training,…

Hossam Mounir