Tag: CBE

Parliament approves Agriculture Bank Law, moving the bank under CBE’s authority

The Egyptian parliament approved a law that would oversee the transfer of…

Hossam Mounir

CBE stabilises Egyptian pound’s price against US dollar, ignores market’s expectations again

Analysts ruled out Egyptian pound’s devaluation before 11 November

Hossam Mounir

Government to determine commodity profit margins with FEDCOC, FEI next week: Prime Minister

Government in full coordination with CBE to overcome the US dollar crisis

Daily News Egypt

33 banks offer investments worth EGP 278.85bn in CBE’s deposit operation

Thirty-three banks operating in the domestic market offered investments worth EGP 278.85bn…

Hossam Mounir

State banks boost their investment in treasury bills by EGP 13.8bn in July: CBE

Banking sector accounts for 77% of total outstanding balances of bills

Hossam Mounir

Domestic public debt jumps to EGP 2.612tr as of end of June: CBE

The government’s net debt amounted to EGP 2.286tr during FY 2015/2016, an…

Hossam Mounir

Private sector acquire 59.5% of total credit facilities granted by banks to customers through July: CBE

Deposits increase by EGP 15.4bn, including EGP 12.8bn in local currency

Hossam Mounir

CBE launches its regular auction with $120m, fixes US dollar at EGP 8.78

The Central Bank of Egypt (CBE) launched on Tuesday its regular weekly…

Hossam Mounir

State of uncertainty over devaluation of Egyptian pound after president meets CBE governor

A senior banker ruled out any move by the CBE before 11…

Hossam Mounir

CBE allocates $1.8bn to cover imports of strategic goods: Supply Minister

Establishment of a committee to set new eligibility standards for food subsidy…

Mohamed Samir