Tag: CBE

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

Egypt’s public debt is reaching critical level

Experts believe there are no other options but to ask for more…

Hisham Salah

Government has to ease reliance on banks: source

The reliance leads to a vicious cycle, “amid low state revenues,” says…

Hossam Mounir

Egypt’s foreign exchange reserves to reach $28.5bn by March: CBE

Egypt expects the second tranche of a $12bn IMF loan by May

Farida Ismail

Egypt’s foreign debt jumps by $19.5bn in 2016

Foreign debt reached 37.6% of GDP in December 2016 compared to 13.6%…

Hossam Mounir

CBE resolves issue of temporary facilities obtained in foreign currency: Negm

Companies that owe more than $5m to banks will pay a 3.62%…

Hossam Mounir

HDB awaits CBE approval to separate real estate activity from banking business

We aim at becoming a commercial bank practicing banking business only and…

Hossam Mounir

Egypt’s MPC maintains policy rates as forecasted by CI Captial

The Central Bank of Egypt (CBE) decided to keep its overnight deposit…

Daily News Egypt

CBE keeps interest rates unchanged

In its meeting held on 30 March, the Monetary Policy Committee (MPC)…

Daily News Egypt

CBE expected to hold steady interest rates on Thursday

The increase of interest rates will not decrease inflation because it did…

Hossam Mounir