Private sector acquires 66.3% of total bank loans to clients by December: CBE
Non-performing loans rate declines to 5.8% of total loans in banks, with…
SWIFT announces Business Forum Egypt to discuss issues of financial sector
“As we continue to reform the banking sector, it is critical to…
FX is not only indicator for assessing economy: Arqam Capital
Most of the foreign exchange (FX) flows to banks are being directed…
The Pound losing ground despite rising stock prices
In November, the Egyptian administration floated the Egyptian pound to secure a…
Market awaits changes in bank leadership in mid April
Banks will present their recommendations to the CBE’s governor, since the law…
CBE forces banks to notify it before providing foreign currency to government institutions
Banks are obliged to notify the CBE before providing foreign exchange for…
$7bn BOP surplus by end of first half of FY2016/2017: CBE
Surplus includes $5.1bn generated after flotation
ESCC completes signature encryption for financing checks of agencies at CBE
The centre implemented the e-signature project at NTRA and Damietta Port Authorities
CBE allocates EGP 10bn to finance SMEs in several sectors
Financing priority given to companies working in the exporting sector and producers…
CBE calls on banks to reconsider limits of credit they grant clients
CBE issues regulations to benefit from covering debts of companies resulting from…