Tag: CBE

CBE cuts interest rates by 1%

Overnight deposit rate, overnight lending rate, rate of the main operation at…

Daily News Egypt

IDB signs cooperation protocol with Alexandria governorate, MFF to fund social housing units

Agreement to fund 1,138 residential units within CBE initiative

Hossam Mounir

CBE to review interest rates today in first 2019 meeting

Higher inflation in January shifts market expectations of interest stabilisation in this…

Hossam Mounir

Nile Pioneer initiative officially begins on Sunday, sponsored by CBE

Establishing 30 business development centres under initiative during current year in 16…

Hossam Mounir

Egyptian banks increase their SME credit by EGP 136bn in 3 years

Egyptian banks increased their SMEs credit by EGP 136bn from end-2015 till…

Hagar Omran

Egypt’s bank deposits up by 15.3% end-November 2018: CBE

Deposits in EGP increase by 16.9%, foreign currencies deposits grow by 9.4%

Hossam Mounir

Amer to chair AACB’s meetings in March

Meetings will include preparations for AACB’s continental seminar to be held in…

Daily News Egypt

CBE to cut interest rate in March: Deutsche Bank

The Central Bank of Egypt (CBE) will cut interest rates next March,…

Nehal Samir

CBE limits mortgage initiative to low-income after earmarked EGP 20bn runs out

NBE, HDB, Banque Misr, Banque du Caire, IDB top list of banks…

Hossam Mounir

Remittances of Egyptian expats reach $23.3bn in 11M18: CBE

Increase of 5.7% in remittances compared to same period in 2017

Hossam Mounir