Tag: CBE

CBE introduces first 10-pound plastic banknote, paper version still valid

Citizens can get new plastic banknote through over 4,500 branches of Egyptian…

Hossam Mounir

CBE reveals most prominent indicators of banks’ deposits and investments in 1Q 2022

Customer deposits rise to EGP 6.980 trillion by end of March, of…

Hossam Mounir

CBE extends exemption of some banking services from commissions until end of 2022

Exemption from commissions and fees for transfers between mobile accounts and transfers…

Hossam Mounir

Current interest rates depend on expected inflation rates, not prevailing ones: CBE

Achieving low, stable inflation rates in medium term prerequisite for supporting purchasing…

Hossam Mounir

CBE to decide key interest rates Thursday amid rising inflation

Some expect rates to remain unchanged following recent rise, while others expect…

Hossam Mounir

World has not seen such halt in economic activity since 2008 financial crisis: Deputy CBE Governor

Decision-makers are often faced with the duty of prompt and effective policy…

Hossam Mounir

CBE receives 23 offers worth $565.1m to cover dollar-denominated T-bill issuance

Proceeds of issuance to pay off previous bid that was put forward…

Hossam Mounir

Egypt’s net international reserves cover five-month commodity imports: CBE

Net international reserves reaches $35.495bn in May 2022

Hossam Mounir

Egypt’s external debt registers $145.5bn in December 2021

Long-term debt accounts for 91.2% ($132.7bn) of total external debt

Hossam Mounir

CBE to issue $540m worth treasury bills on Monday

New issuance’s proceeds will be pay off previous bid that was put…

Hossam Mounir