Tag: CBE

CBE rejects parliamentary Industry Committee’s request to allocate 25% of monthly surplus

Minister of Investment pledged to present the ministry's work programme to the…

$53m decrease in value of gold listed in foreign exchange reserves in May: CBE

The CBE announced on Wednesday evening that its foreign exchange reserves increased…

Hossam Mounir

NBE finances purchase of 8,600 low- and middle-income housing units with EGP 700m

Hegazy attributed the bank’s success in being able to finance its large…

Hossam Mounir

CBE receives banks’ proposals to amend Banking Law

The CBE’s legal department should compile suggestions and form a committee for…

Hossam Mounir

CBE sets new regulations for marketing banking products at gatherings, conferences

The CBE’s approval is required for delegates to market their products, says…

Hossam Mounir

IMF to appoint Rania Al-Mashat as advisor in August

The Central Bank of Egypt hired Al-Mashat from the IMF in 2005

Daily News Egypt

Allocation for CBE’s dollar tender reaches 22.99% on Tuesday

The CBE sold $118.7m US dollars at a fixed price of EGP…

Hossam Mounir

CBE confirms banks’ commitment to its instructions for financing small, very small projects

The Central Bank of Egypt (CBE) affirmed that the banks operating in…

Hossam Mounir

CBE to present 3-month report of SME financing initiative to parliament

The financing initiative does not include micro-projects and Negm did not give…

Private sector accounts for 59.3% of credit facilities granted by banks to clients: CBE

Industry at forefront of economic sectors funded by banks followed by services,…

Hossam Mounir