Tag: CBE

CBE considers launching initiative to support micro-enterprises

Intensive meetings held with ministries, authorities responsible for financing micro-enterprises to finalise…

Hossam Mounir

Offering United Bank for sale still pending: chairman

CBE, other parties still studying issue of sale, we have not received…

Hossam Mounir

Bankers expect interest rates on savings instruments in pounds to rise

The Monetary Policy Committee of the CBE decided to raise deposit and…

Hossam Mounir

Prices of food items ‘increased’, minister promises control

Food prices will not increase following dollar rise, Hanafy says

Daily News Egypt

CBE’s SME funding initiative met with doubt

The initiative conflicts with other government lending initiatives because of its low…

Shaimaa Al-Aees

Basic interest rate raised by 1.5%

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…

Daily News Egypt

Moody’s praises CBE pound devaluation

Flexible exchange rate can offset some major challenges, Moody’s says

Daily News Egypt

JP Morgan expects further EGP devaluation, IMF loan deal

The US firm expects higher interest rates

Daily News Egypt

CBE sells $1.5bn to cover portion of temporary credit facilities to importers

Banks are required to redeposit amounts obtained in the CBE auction with…

Hossam Mounir

The difficult question of the dollar crisis

Many have raised questions about the reason behind the dollar crisis. Fortunately,…