Tag: CBE

CBE receives 43 offers worth €888.3m for Euro-denominated T-bills

The CBE had launched a tender to sell €690m 364-day T-bills on…

Hossam Mounir Hossam Mounir

CBE to launch €690m worth T-bill tender on Monday

The proceeds of the issuance will be used to pay the value…

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After 4 years, Egypt’s exchange rate liberalisation proves its economic boon

Egypt sees $400bn in foreign exchange flows since decision enforced in November…

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Egypt’s net international reserves up $795m in October to $39.22bn: CBE

Egypt’s international reserves consist of foreign currencies (FX), gold, special drawing rights…

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Net foreign assets of Egypt’s banking sector up EGP 51.958bn in September

This came in addition to the decrease in the volume of foreign…

Daily News Egypt Daily News Egypt

Local-currency bank deposits increase EGP 88.589bn in September: CBE

In a recent report, the CBE stated that demand deposits in local…

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Egypt’s bank deposits increase to EGP 4.788trn in July 2020: CBE

Private businesses receive 59.8% of total bank facilities, with industry at forefront…

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Egypt’s external debt rises to $123.49bn in June 2020: CBE

The country’s external debt in June 2020 also increased by 14.79% compared…

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CIB awaits CBE audit report following chairperson’s resignation

Two audit firms to look into CBE report on CIB violations, should…

Alyaa Stohy Alyaa Stohy

Agricultural Bank of Egypt targets 30-million customer base over 5 years

Financing programme for needy families, rural women, and craftsmen to be launched…

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