Banks take steps to support tourism after new CBE initiative
Measures include postponing loan repayments for tourism employees and investing in facilities
Local, international institutions offer to invest $1.5bn in Egyptian treasury bills
The CBE accepted $1.1637bn of this liquidity
CBE may raise interest rate on the pound next Thursday: analyst
Rising inflation and expectations of higher dollar interest may raise the interest…
CBE proposes $1.1bn tender for treasury bills
New tender to be issued to pay off old bills worth $1.17bn…
CBE pays 25% of credit facilitation for importers
The Central Bank of Egypt has repaid approximately 25% ($1bn) of the total…
Will CBE succeed in pushing banks to increase dollar resources?
Banks made large profits; it is time to pay part of these…
Amer will lead IFSB chairmanship for 2016
He will officially take the role end of the year with Valiollah…
Annual inflation rises to 11.8% YoY in November
Figure compares to 8.5% registered in the same period the preceding year
Amer requests bank leaders to support SMEs, arrange credit facilitations
Governor of the Central Bank of Egypt (CBE) Tarek Amer requested bank…
Ministries, CBE negotiate with foreign banks to postpone refunding installments
The Ministries of Petroleum and of Finance and the Central Bank…
