Tag: CBE

CBE raises interest rate to its record high in 11 years

This increase boosts the CBE's deposit rate to 11.75% and lending to…

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Ambiguity mars CBE’s next move on EGP interest rates

The Central Bank of Egypt faces difficulty on inflation hike of more…

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CBE sells $120m to banks to release imported intermediate goods stuck in customs

El-Menilawy added that the CBE on Tuesday morning had asked the departments…

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Local, international institutions offer to invest $915.4m in treasury bills

The bank auctioned $700m that will mature in one year’s time on…

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CBE offers treasury bills worth $700m

New tender to be issued for payment of old bills offered in…

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PBDAC awaits  supervision by CBE to implement development plan: chairperson

The new law does not exclude the bank from Ministry of Agriculture…

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Egypt’s foreign debt grows by $5.6bn at end of Q3 FY 2015/2016: CBE

The new figure marks an increase of $5.6bn (11.8%), the CBE reported

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Six problems facing the bank in the coming period: PDBAC chairperson

The challenges include resolving EGP 4bn worth of non-performing debts, raising efficiency…

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Small and medium business solutions of the digital age

Egyptian entrepreneurs and banking experts create innovative solutions for credit underwriting of…

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Banking sector provides $33.7bn to cover needs of state, importers in 7 months: CBE’s Governor

Amer demonstrates with Al-Sisi the CBE’s efforts to support foreign exchange reserves…

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