Tag: CBE

80% rise in net foreign assets

The net foreign assets of the Egyptian banking sector as a whole,…

Daily News Egypt

Private business 61.9% of total non-governmental credit facilities granted by banks: CBE

Industry obtained 26.894% of total loans, letters of credit and guarantee, versus…

Hossam Mounir

Egypt aims to take private, public sector loans to EGP 2tn

No intention to postpone $5.2bn Afreximbank loan to be repaid before end…

Abdel Razek Al-Shuwekhi

CBE reaches terms for $3.1bn financing from international banks

CBE repaid total sum of $2bn on November 9, honouring Repurchase Transaction…

Hossam Mounir

CBE grants ABE deposit of EGP 4bn for 10 years

The Egyptian Agricultural Bank's losses fell from EGP 1.084bn at the end…

Hossam Mounir

Linking Egyptian banks to COMESA supports economic relations, facilitates funds transfer: CBE Deputy Governor

Starting series of workshops to raise awareness of all state sectors of…

Hossam Mounir

Foreign exchange reserves up by $168.6m at end October

Hard cash liquidity up $244m, gold value down by $70m: CBE

Hossam Mounir

Pound sets for modest depreciation in 2018/19: Capital Economics

The currency has weakened by 50% against the dollar since it was…

Elsayed Solyman

Banks granted credit facilities of EGP 1.413tn until July: CBE

Industry sector obtained 35.9% of total credit, agriculture sector share declines to…

Hossam Mounir

CBE Governor directs banks to expand financing of SMEs

Restructuring the Credit Guarantee Co. S.A.E is an important step to provide…

Hossam Mounir