Government has to ease reliance on banks: source
The reliance leads to a vicious cycle, “amid low state revenues,” says…
Egypt’s foreign exchange reserves to reach $28.5bn by March: CBE
Egypt expects the second tranche of a $12bn IMF loan by May
Egypt’s foreign debt jumps by $19.5bn in 2016
Foreign debt reached 37.6% of GDP in December 2016 compared to 13.6%…
CBE resolves issue of temporary facilities obtained in foreign currency: Negm
Companies that owe more than $5m to banks will pay a 3.62%…
HDB awaits CBE approval to separate real estate activity from banking business
We aim at becoming a commercial bank practicing banking business only and…
Egypt’s MPC maintains policy rates as forecasted by CI Captial
The Central Bank of Egypt (CBE) decided to keep its overnight deposit…
CBE keeps interest rates unchanged
In its meeting held on 30 March, the Monetary Policy Committee (MPC)…
CBE expected to hold steady interest rates on Thursday
The increase of interest rates will not decrease inflation because it did…
CBE is ready to repay Egypt’s foreign obligations: Amer
We have large inflows of foreign exchange and strong reserves that will…
Egypt’s banks achieved net profits of EGP 53.066bn until December: CBE
Egypt's five largest banks acquire 42.66% of total profits achieved by banks…