Tag: CBE

CBE controls importers’ manipulations

Banks activate automated “Model 4” to determine real importing demands

Daily News Egypt Daily News Egypt

CBE to investigate future of interest rates

The market expects MPC to fix both loan and deposit rates

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13.9% growth rate of banks’ foreign deposits during March: CBE

Market witnessed competition in attracting foreign currency savings, according analysts

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EGP 23.3bn increase in bank loans in March: CBE

The private sector acquired 80.8% out of the total loan balances

Daily News Egypt Daily News Egypt

External debt declines to $39.9bn in March: CBE

March's figures compare to June 2014, where debt amounted to $46.1bn

Menna Samir Menna Samir

Initiative to postpone payment of tourism dues to end of this year

Losses of tourist activity nears $10bn over the past four years, using…

ABK acquires Piraeus-Egypt for $150m

Al Ahli Bank of Kuwait acquires 98.5% of Piraeus Bank - Egypt…

Shaimaa Al-Aees Shaimaa Al-Aees

Global Islamic Funds expected to grow to $77bn by 2019

84% of total Islamic AUM held in eight countries, Saudi Arabia and…

Menna Samir Menna Samir

Egypt targets $6bn-$8bn FDIs for FY 2014/2015: Salman

Stock exchange tax must be stopped to deepen the market, executive regulation…

Mohamed Ayyad Mohamed Ayyad

Central Bank of Egypt leans on currency devaluation

By Oxford Business Group A series of moves by the Central Bank…

Daily News Egypt Daily News Egypt