Tag: CBE

CBE sets new controls for mortgage finance initiative for low-income individuals

Mortgage finance will be provided for clients who meet CBE’s conditions

Hossam Mounir

For first time, CBE instructs banks to protect clients’ rights

Instructions have been in effect since 13 February, banks were given one-year…

Hossam Mounir

CBE pays EGP 114.4bn of interest on Deposit Operation in FY 2017/18

Bank turns from profits of EGP 12.66bn in FY 2016/17 to losses…

Hossam Mounir

Yields on Egypt’s T-Bonds down by 0.65-0.89%

Interest rates, accepted by finance ministry, on 3-year bonds fall between 16.4-16.58%,…

Hossam Mounir

Yields on Egypt’s T-Bills down by 0.34 – 0.83% after CBE interest-rate cut

Interest rates, accepted by finance ministry, decline on T-Bills of 91-day to…

Hossam Mounir

International institutions acquired 30.7% of Egypt’s debts by end-June 2018

Debts to Arab countries reached $23.1bn or 24.9% of total external debts:…

Hossam Mounir

Business community calls on CBE to more cuts in interest rates

Decision to cut interest rates by 1% is good, yet values still…

Hagar Omran

Banks to discuss fate of deposit, lending interests this week following CBE rate cut

NBE, Banque Misr to keep interests of fixed-rate saving certificates stable, cut…

Hossam Mounir

Video: CBE interest rate cuts in the eyes of Moody’s

https://youtu.be/vFtMAKv6-rE Egypt’s interest rate cut and easing inflation will support bank revenues,…

Daily News Egypt

Interest rates reduction decision by CBE is bold, revives investments in all sectors: Beltone

Decision will pave way for new reduction in interest rates in H1…

Hossam Mounir