Tag: CBE

Price indicators suggest that inflationary shock is cooling off: Pharos Holding

The second IMF tranche disbursement will represent a confidence booster that would…

Shaimaa Al-Aees

Pressures mount on CBE as IMF calls for interest rate hike to tame inflation

Inflation extends rise in April on higher food prices

Elsayed Solyman

CBE obliges banks to not deal with more than 7 exchange bureaus

Banks and companies granted 4-month transition period to adjust, says Negm

Hossam Mounir

CBE launches initiative to finance microenterprises at end of May

About 37,000 small and medium-sized companies received loans worth EGP 101bn between…

Hossam Mounir

$8bn total transfers from Egyptians working abroad in 5 months: CBE

Total remittances in March 2017 were worth $1.6bn, compared to $1.5bn in…

Hossam Mounir

Egypt’s stocks under pressure as possible interest rate hike looms

The CBE delayed the meeting of its monetary policy committee to 21…

Elsayed Solyman

Banks start activities of financial inclusion week on Thursday

Negm addresses banks to be present in remote areas, clubs, and universities,…

Hossam Mounir

CBE Governor meets international financing institutions officials during IMF meetings

Tarek Amer, the Governor of the Central Bank of Egypt (CBE), had…

Hossam Mounir

Banks opened letters of credit worth $6.34bn for petroleum product imports in 2016: CBE

The banking system has collected $19.2bn since the flotation

Hossam Mounir

Household sector accounts for 75% of deposits at banks in December

It is very normal that individuals' share in deposits is higher than…

Hossam Mounir