Tag: CBE

CBE may raise interest rate on the pound next Thursday: analyst

Rising inflation and expectations of higher dollar interest may raise the interest…

Hossam Mounir Hossam Mounir

CBE proposes $1.1bn tender for treasury bills

New tender to be issued to pay off old bills worth $1.17bn…

Hossam Mounir Hossam Mounir

CBE pays 25% of credit facilitation for importers

The Central Bank of Egypt has repaid approximately 25% ($1bn) of the total…

Hossam Mounir Hossam Mounir

Will CBE succeed in pushing banks to increase dollar resources?

Banks made large profits; it is time to pay part of these…

Hossam Mounir Hossam Mounir

Amer will lead IFSB chairmanship for 2016

He will officially take the role end of the year with Valiollah…

Hossam Mounir Hossam Mounir

Annual inflation rises to 11.8% YoY in November

Figure compares to 8.5% registered in the same period the preceding year

Menna Samir Menna Samir

Amer requests bank leaders to support SMEs, arrange credit facilitations

Governor of the Central Bank of Egypt (CBE) Tarek Amer requested bank…

Hossam Mounir Hossam Mounir

Ministries, CBE negotiate with foreign banks to postpone refunding installments

  The Ministries of Petroleum and of Finance and the Central Bank…

Mohamed Adel Mohamed Adel

External debt drops $2bn over 3 months

Rate of increase in bank loans outstrips deposits for first time ever

Hossam Mounir Hossam Mounir

CBE asks banks to postpone loan premiums for tourism workers

Arrangements aim to help tourism workers hit by slump in the sector

Hossam Mounir Hossam Mounir