Tag: CBE

HDB Loans portfolio amounts to EGP 8.7bn as of June: chairperson

Net profits of the bank reached EGP 394.7m in the first half…

Hossam Mounir

CBE provides 10-year interest-free loan worth EGP 31bn to 3 major banks

The loan is for supporting banks’ capital base and for adjusting the…

Hossam Mounir

CBE secures government needs of euros through €600m treasury bills tender

The CBE received 35 offers to cover the tender totalling €786.9m, and…

Hossam Mounir

Parliamentary committees approve PBDAC Act, transfer of its ownership to the CBE

We are awaiting the final vote; this move would restore the bank's…

Hossam Mounir

Total value of banknotes issued increases by EGP 10bn in May: CBE

Banknote issuance recorded its highest level to GDP since June 2015

Hossam Mounir

Banks to finish classifying SMEs, microenterprises to be financed by end of August: I-Score head

Nile Rating Company, specialised in SMEs, has merged in I- Score, said…

Hossam Mounir

The United Bank to be sold late 2016, early 2017: chairperson

The CBE received requests from a large number of international institutions to…

Hossam Mounir

Egypt to repay international bonds worth $3bn in December 2016: Finance Ministry

Egypt has other bonds worth $3.5bn that will be repaid in the…

Hossam Mounir

Panic dominates after punishment toughened on currency traders

Employees in exchange companies in the informal market express concern, outrage over…

Mohamed Ayyad

Would drop in reserves delay floating of EGP despite IMF report?

The timing of this move is in the hands of the CBE…

Hossam Mounir