Foreign exchange reserves increase by $4bn to reach $23bn as of end of November
The Central Bank of Egypt (CBE) announced that its foreign exchange reserves…
Industry Ministry, CBE seek provision of soft loans for industrial companies
Committee to be formed to determine mechanisms and procedures of providing funding…
18 million people require microfinance in Egypt: former CBE governor
We need about EGP 54bn to finance 3.6 million families living below…
SMEs acquire 10% of HDB’s loan portfolio until September 2016: chairperson
The bank aims to increase the funding of such projects to 20%…
Trade exchange between Egypt and outside world falls to $75bn in FY 2015/2016: CBE
Imports decline by $4.99bn, exports down by $3.54bn
CashU to negotiate with CBE for new package of payment solutions next year
40,000 users of CashU in Egypt, 2.3 million across the Arab world
Credit facilities granted by banks to their clients in August increased by EGP 12.3bn: CBE
Private sector accounts for 59.4% of the total facilities, deposits increase by…
CBE allows banks to direct part of US dollar-denominated proceeds to cover temporary overdrafts on customer accounts
The Central Bank of Egypt (CBE) has allowed banks working in the…
Exchange rate semi-stable at CBE, banks on Wednesday
At banks on Wednesday, the US dollar changed hands at EGP 17-17.5…
Foreign exchange outcome at banks exceeds $3bn over past 2 weeks: CBE sub-governor
Investment funds, international pension funds began investing in Egyptian government debt instruments